We are pleased to announce that FIDE has entered into a partnership with the German company WR Group Holding GmbH to launch together a new major competition: the World Rapid Team Championship.

The inaugural edition, a 12-round Swiss tournament played over three days under rapid time control, will take place in Düsseldorf from August 25 (arrival day) to August 28, 2023. The event, with a prize fund of €250,000, is open to clubs from all over the world.