On Saturday, 26th November, the contract for the 2012 World Chess Championship match was signed by the reigning champion Viswanathan Anand, the challenger Boris Gelfand and the International Chess Federation (FIDE).
The signing took place in the offices of the “Interfax” news agency and a press conference followed immediately after.
The 12-games World Championship match will take place in May 2012 in Moscow with a prize fund of 2.55 million dollars. The playing venue will be at the Tretyakov Gallery.
The Mikhail Tal Memorial concluded Friday in the Russian capital. Anand and Gelfand were paired to play in the last round, but the game was an uneventful draw as obviously both players hide their preparation.