Tennis Australia exhausts 'rainy day' fund to make the 2021 Australian Open COVID-safe
ABCTennis Australia is preparing to spend at least double its original budget to stage this summer's Australian Open in Melbourne, with strict biosecurity protocols greatly adding to the cost of the event. Key points: A COVID-safe 2021 Australian Open will go ahead in February Tennis Australia has doubled the event's budget to more than $60 million The organisation has exhausted its "rainy day" fund to make it COVID-safe TA originally expected the tournament to cost between $25-$30 million, but chief executive Craig Tiley said the organisation is now expecting those expenses to be more than $60 million. Tennis Australia's chief executive Craig Tiley said despite the cost blowout, funding will continue to flow to grass roots tennis clubs. USA's Serena Williams is expected to attend the 2021 Australian Open tennis tournament at Rod Laver Arena.