Reports | August 23, 2012 22:03

Karjakin reveals sponsor Alpari at Moscow press conference

Alpari: Sergey Karjakin's personal sponsor

At a press conference on Thursday in Moscow, Sergey Karjakin revealed his brand new personal sponsor: the Russian division of global Forex broker Alpari. The Moscuvite, who is currently the world's #7 in the live rating list, said that the sponsor deal will support his struggle to become World Champion one day.

Alpari: Sergey Karjakin's personal sponsor, at least for a year

In a slightly mysterious tweet yesterday Sergey Karjakin invited journalists to join a press conference on Friday at 16:00 at the Holiday Inn Hotel in Moscow.

Be in for a surprise,

he added.

At the press conference Karjakin was wearing a suit with the logo of Alpari and in fact he was joined by Gleb Petrov, founder and President of Alpari in Russia. The company provides online trading services and investments in foreign exchange, precious metals and CFDs. Karjakin and Petrov signed a contract for a sponsor deal that runs for one year. But, according to Chess-News, Petrov stated that the ultimate goal is

to return the chess crown to Russia.

Karjakin, on his turn, explained that the sponsor deal will be used for coaches, computer equipment and other facilities for preparation. Already at the Olympiad in Istanbul he will play with the Alpari logo on his clothes.

Not long after the press conference Karjakin tweeted:

Finally it happened! It's a sponsor?!))

Ukrainian-born Karjakin, who won the Rapid World Championship last month, moved to Russia a few years ago in order to have the opportunity to work with strong coaches. At the age of 12 he became the youngest grandmaster in the world. He is the second ranked Russian chess player behind former World Champion Vladimir Kramnik.

Sponsor deals are not common in the chess world, but two other top players can regularly be spotted in sponsored clothes: World Champion Vishy Anand and world's number one Magnus Carlsen. Anand has had a deal with NIIT for many years, while Carlsen has three sponsors: Arctic Securities, Simonsen and VG.

Update 23:15 CET: At WhyChess Evgeny Atarov adds that Alpari President Gleb Petrov was a fan of Spassky, Karpov and then Kasparov. He is not expecting a concrete financial return.

For our company this is a pure PR move.

Peter Doggers's picture
Author: Peter Doggers

Founder and editor-in-chief of, Peter is responsible for most of the chess news and tournament reports. Often visiting top events, he also provides photos and videos for the site. He's a 1.e4 player himself, likes Thai food and the Stones.


juan's picture

Great news, chess is slowly becoming a commercial sport. It is already happening?

By the way, which is Karjakin's twitter account?

Ed Dean's picture

juan, it's @SergeyKaryakin

juan's picture


ben's picture
Anonymous's picture

Nice. That should even the odds a bit. Although it's kind of sad that no one can get to the top alone anymore without coaches and computers and teams.

B L's picture

I fail to see how that is 'sad'.

It's great that the game is becoming more competitive and being competitive at the top level takes more than just natural ability.

Anonymous's picture

a matter of opinion. but the nature of chess is of course a fight of 1 vs 1.

Thomas's picture

Individual physical sports (e.g. tennis, running, boxing, ...) are also fights 1 vs. 1 - but top athletes also have (personal) coaches, and something such as video analyses might play a similar role as computers in chess training.
Is it also sad that people read chess books, follow chess websites, watch or play through games played by other players?

Csaba's picture

It is also sad that none of the top football players play barefoot any more.

Thomas's picture

Doesn't Giri also wear sponsored clothes at tournaments? He may not (yet) be a top player in the league of Anand, Carlsen and Karjakin - but in his case it's enough to have an interesting personality/biography and to be top in the Netherlands!?

Anonymous's picture

Probably also because he is a very promising player; good PR for a company to be around and helpful from the beginning, when support surely matters more.

S3's picture
NN's picture

Interesting that in order to "return the chess crown to Russia", they think Karjakin has better chances than Kramnik.

ben's picture
Integerfx's picture

Great news, does this happens again in 2014?


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