It was the 11th edition of the WCT Finals and was part of the 1981 Volvo Grand Prix.

The tournament was played at the Reunion Arena in Dallas, Texas in the United States and was held from April 27 through May 3, 1981.

[3] First-seeded John McEnroe won the title and $100,000 prize money.

[4] John McEnroe defeated Johan Kriek 6–1, 6–2, 6–4 During the tournament a Hall of Fame Classic event was organized featuring four former Grand Slam tournament winners Ken Rosewall, Rod Laver, Roy Emerson and John Newcombe.

Rosewall won the event, defeating Newcombe in the final 4–6, 7–6, 6–4.