board of directors of Ladies European Golf Venture Limited, which assumed control of the tour, includes high level representatives from the LPGA Tour, European Tour, and The R&A. The 2020 season is the first edition of the Race to Costa Del Sol. Tournaments Unlike in men's golf, the European and American tours do not share a common set of majors, although the Women's British Open and The Evian Championship are currently recognised as majors by both organisations. The Ladies European Tour organises the Solheim Cup when in Europe and in 2011, the Tour received a boost when the European side won for The Cup for the fourth time on home soil at Killeen Castle in Ireland. The success continued when Europe earned an historic first away victory at Colorado Golf Club, winning The Cup for the fifth time in 2013. A record 26 official money events were scheduled for the 2008 season, which also saw the introduction of a new team competition called the European Ladies Golf Cup. Also, for the first time in several years, the LET scheduled an event opposite one of the LPGA's majors, with the ABN AMRO Open held opposite the LPGA Championship. The schedule dropped to 23 official money events in 2009, but increased to 25 for 2010. In both years, the Ladies Open of Portugal was scheduled opposite the LPGA Championship. The 2016 schedule featured 21 events including the Olympic Golf Competition in Rio de Janeiro (the biennial Solheim Cup, held in odd-numbered years, is also an official LET event but will next be played in 2017 in Iowa). The total of events has been in steep decline since 2016; the peak was 28 in 2008. The two richest events by far are the two European Majors: The Evian Championship (historically the Evian Masters) and the Women's British Open. In 2016, 10 other events (in Australia, China, Morocco, England, Scotland, Germany, Abu Dhabi, Qatar, Japan and Dubai) had prize funds in excess of €450,000, with the remainder having prize funds of between €200,000 and €400,000. Total prize money from the 2016 events passed €14 million. 2022 schedule and results Past tour schedules Individual LET tournaments have purses fixed in a mixture of Australian dollars, British pounds, euro, New Zealand dollars and U.S. dollars, so year on year changes in the total prize fund reflect exchange rate fluctuations as well as prize fund movements in