The UBS Cup was a team golf tournament contested by the United States and a team representing the "Rest of the World" which ran from 2001 to 2004. In 2001 and 2002 it was called the UBS Warburg Cup. Six golfers on each side had to be 50 or over, and the remaining six had to be in their forties. It was sanctioned by the PGA Tour (which operates the Champions Tour for golfers over 50) and the European Seniors Tour. Like the Ryder Cup, the competition was a mixture of foursomes, four-ball and singles.[1]
The United States won the inaugural cup in 2001, held at the Ocean Course at Kiawah Island, by a score of 12 ½ - 11 ½. The U.S. then retained the trophy with a 14 ½ - 9 ½ victory in 2002 on the Seaside Course at Sea Island, Georgia. A 12-12 draw in 2003, again at Sea Island, kept the trophy in the hands of the U.S. defenders. A 14-10 U.S. victory at the Cassique Golf Club on Kiawah Island in 2004 was the final competition, when Colin Montgomerie lost to an American for the first time in matchplay singles.
In 2004 the UBS Cup had a prize fund of $3 million, with $150,000 going to each member of the winning team and $100,000 to each member of the losing team. Arnold Palmer was captain of the United States team in all four UBS Cups, and retained his record of never having lost any team competition as United States captain.