Venue
The 2012 FIDE World Chess Championship was held in Moscow, Russia.
The Executive Board gave during its congress in fall 2009 in Halkidiki an option to London, United Kingdom to organise the World Chess Championship for 2012. They had until 15 February 2010 to exercise the option which had to include the offer of a prize fund similar to that for the World Chess Championship 2010 match. The London Chess Classic organising body "Chess Promotions Limited" confirmed that London were in negotiations to hold the World Chess Championships in 2012. However, after FIDE failed to agree to the terms of the contract within the time frame agreed upon, the option expired on 28 January 2011, and Chess Promotions Limited withdrew their bid to organise the event in London, citing the lack of time left to successfully organise the event.
As a result FIDE opened an application procedure for the hosting of the World Chess Championship match to be played from 10 April 2012 to 31 May 2012. Organisations interested in bidding to host the event had until 31 July 2011, 13:00 GMT to submit their documents including a bid fee.
On 28 June 2011, it was announced that Moscow had submitted a bid to host the 2012 World Chess Championship.
On 13 July, the Tamil Nadu state government announced a bid of Rs 20 crore (Approx. $4.5 million) for the match to be held in Chennai, India. Chennai is the home city of the World Champion Viswanathan Anand. It was reported on 14 July that Minsk, Belarus was also interested in hosting this event.
In an interview with the Russian newspaper "Kommersant", dated 29 July, Boris Gelfand expressed his concern about the offer made by Chennai. Gelfand said the offer from Moscow was the only transparent one, he was not sure of the existence of financial guarantees by the Indian side. The Chennai offer was in Tamil language and he claimed it had not been translated in English. In the past, matches, including those of Kasparov against Ponomaryov and against Kasimdzanov were cancelled due to lack of financial guarantees.
On 2 August, FIDE announced that it received bids from the Russian chess federation (Moscow) and a second one from the All India chess federation (Chennai). Both were well above the minimum required prize fund. FIDE announced they would contact the bidders and players, and declare the winner of the bid by 10 August 2011.
Kirsan Ilyumzhinov, FIDE's president, told the Russian newspaper "Sport Express" that the financial offer was not the only criterion. Other factors, including the possibility of the propagation of the "chess in school" programme, and popularisation of chess in a particular region will also be considered. He would also take into account the views of the champion and the challenger.
On 8 August 2011, FIDE announced that the Russian Chess Federation had won the bid and will host the match in Moscow in May 2012. The prize fund will be 2.55 million US dollars. Skolkovo, the Innovation project near Moscow, was named as a possible venue.
On 20 February 2012 an agreement between the Russian Chess Federation and the Tretyakov Gallery was signed to stage there the World Championship Match. Andrey Filatov, the sponsor of the match, believes that bringing chess and art together can open a new page in chess history.
Read more about this topic: World Chess Championship 2012