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The FIDE World Chess Candidates, a dramatic tournament that determines the challenger for the World Chess Championship Match, will take place in Berlin, Germany on March 10-28, 2018, World Chess reports.

Eight of the world's top grandmasters will come to Berlin to play in the tournament that will be held as a double round-robin over 14 games. The winner will contest the title currently held by Magnus Carlsen, the reigning World Champion, in November 2018.

The eight Candidates Tournament participants include Sergey Karjakin of Russia, who automatically qualified for the Candidates Tournament by playing in the 2016 World Chess Championship Match. He will be joined by the top two finishers in the World Chess Grand Prix Series; the winner and runner-up of the 2017 World Cup taking place in Tbilisi; two more players who qualify by rating; and a wild card choice.

The prize fund will total €420,000, or an estimated $460,000 at the current exchange rate. In addition to €420,000, the prize will also include 10% of the pay-per-view revenues from the event.