BMW Masters  The BMW Masters was a golf tournament played annually at Lake Malaren Golf Club, in Luodian, Shanghai, China. The tournament began in 2011 and became a European Tour event in 2012. It was dropped from the European Tour in 2016. In 2011, the tournament was called the Lake Malaren Shanghai Masters. The event had a small field consisting of 30 top players from the European Tour and the Asian Tour. The winner received US$2 million, the largest first prize in golf, coming from an overall prize fund of $5 million. In 2012, it became a European Tour event and was renamed the BMW Masters. The field was expanded to 78 players and the purse was increased to US$7 million. From 2013 to 2015, the tournament was part of the European Tour Final Series.