40.3688, -3.684
The Madrid Open (Spanish: Masters de Madrid; formerly known as the Madrid Masters, and currently known as the Mutua Madrid Open for sponsorship reasons) is an annual professional tennis tournament held in Madrid, Spain. It is played on clay courts at the Caja Mágica in Manzanares Park, San Fermín, and is held in late April and early May. The tournament is a ATP Masters 1000 event on the ATP Tour and a WTA 1000 event on the WTA Tour. The tournament is traditionally played on a red clay surface, though it was played on blue clay courts in 2012.Ion Țiriac, a Romanian billionaire businessman and former ATP professional, was the owner of the tournament between 2009 and 2021. According to Digi Sport which interviewed Țiriac in 2019, the tournament brings to the city of Madrid annual benefits exceeding €107 million. In 2021, Țiriac sold the tournament to New York–based IMG for approximately €390 million.