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WTF unveiled plans Tuesday for the four-stage, four-continent competition, which will launch in 2014 with 256 athletes taking part. The top eight men and women will qualify for an annual Grand Prix Final.
“The Olympic Games in London triggered a surge in international interest in taekwondo,” says Choue. 
“The WTF World Taekwondo Grand Prix Series is an excellent opportunity for athletes to take part in an international competition of this magnitude in between Olympic Games and World Championships.”
WTF Secretary General Jean-Marie Ayer adds: “We see it as a virtuous circle: higher quality, higher profile competitions will help us deliver better return on investment for existing sponsors and attract new ones; more sponsorship revenue will help us to continue raising the quality and profile of our competitions, and so on. This is a very exciting moment for the global taekwondo family.”
Test events for the Grand Prix Series will begin in 2013 following ratification at a recent meeting of the WTF Council in Aruba.
Source: Around the Rings