The success continued when Europe earned an historic first away victory at Colorado Golf Club, winning The Cup for the fifth time in 2013. In 2016, the LET took on extra significance for players looking to qualify for the Olympic Games and 30 LET players from 20 different countries participated in the Olympic golf competition at Rio 2016. In 2018, the Tour will celebrate four decades of women's professional golf as part of its 40th anniversary. In January 2020, a joint venture collaboration between the LET and the LPGA Tour was formed to increase playing opportunities for female golfers in Europe. Its board of directors includes LPGA Commissioner Mike Whan, European Tour Chief Executive Keith Pelley, the R&A's Chief Executive Martin Slumbers and the Chair of the LET Marta Figueras Dotti. The 2020 LET season is the first edition of the Race to Costa Del Sol. 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. 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. 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 constant currencies. The "Order of Merit" is awarded to the leading money winner on the tour, though for some years in the past a points system was used. The "Player's Player of the Year" award is voted by the members of the Tour for the member they believe has contributed the most to the season on the Tour. The Rookie of the Year (known as the Bill Johnson Trophy from 1999 to 2003 and now the Ryder Cup Wales Rookie of the Year) is awarded to the leading first-year player on the Order of Merit rankings.