MIAMI, Nov 15 - Next year's LPGA Tour will feature record prize money of more than $54 million and the first women's major to be played at the home of golf, LPGA commissioner Carolyn Bivens said on Wednesday.

A minimum of 35 events will appear on the 2007 schedule, 10 of them offering an overall purse in excess of $2 million.

The Women's British Open, the last of the year's four majors, will be staged for the first time over the famed Old Course at St. Andrews from August 2-5.

"This year has showcased an emergence of young stars and a re-emergence of dominant veterans," Bivens told a news conference at Trump International in West Palm Beach, venue for this week's season-ending Tour Championship.

"It has been one of the most competitive and compelling seasons in the history of the LPGA.

"However, with three new events in 2007, the return of the Solheim Cup and the LPGA's first-ever visit to St. Andrews, I am confident next year will be even more exciting for not only our players, but for our fans and sponsors."

Bivens added that LPGA players will compete for an average purse of $1,596,617 on the 2007 Tour, a 9.62 percent rise on this season.

The Tour Championship, won last year by Swedish world number one Annika Sorenstam, is a 32-player event that offers a first prize of $1 million, the largest in tour history.

The tournament starts on Thursday.