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| The Grand Prix is a professional snooker tournament. It is the first of eight ranking tournaments. It has previously been known as the LG Cup and the Professional Players Tournament. The tournament was created in 1982 as the Professional Players Tournament by the WPBSA, in order to provide another ranking event. Ray Reardon beat Jimmy White by 10 frames to 5 in the final to win the first prize of £5000. In 1984 Rothmans started sponsoring the tournament, changed its name to the Rothmans Grand Prix, and moved its venue to the Hexagon Theatre, Reading. The tournament has had various sponsors and venues since. Previous sponsors include LG Electronics, who took over in 2001 and changed the tournament's name to the LG Cup, and totesport, who sponsored the event in 2004. The tournament is currently played at the Preston Guild Hall in October, at the start of the snooker season. Prize money for 2005 totalled £400,000, with the winner receiving £60,000. WinnersRecords set in the 2005 finalIn the 2005 final, John Higgins set two records:
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