The tournament is split between the two venues, with Champions Retreat hosting the opening rounds on Wednesday and Thursday with a field size of 72 players on the Island and Bluff nines.

[1] The field is cut to the top 30 players (with a playoff for the last spots if necessary) for the final round Saturday at Augusta National.

[7][8] Concerns were raised that the event would conflict with the LPGA Tour's first major, the ANA Inspiration (which has invited top amateur players to compete), Ridley stated that he had discussed the event with commissioner Mike Whan, and stated that he agreed on the notion that any move to bolster the prominence of women's golf would be a "win" for the LPGA over time.

[9][10] The inaugural tournament in 2019 was highlighted by a final round duel between eventual winner Jennifer Kupcho and María Fassi.

As with those who score an eagle during the Masters proper, Kupcho received a pair of inscribed crystal glasses for her achievement.