Martin Slumbers, Chief Executive of The R&A, said:
“The Open is golf’s original Championship and since it was first played in 1860, openness has been fundamental to its ethos and unique appeal.
“Players who are exempt or have earned a place through qualifying for The 150th Open in accordance with the entry terms and conditions will be able to compete in the Championship at St Andrews.
"We are focused on staging a world class Championship in July and celebrating this truly historic occasion for golf. We will invest the proceeds of The Open, as we always do, for the benefit of golf which reflects our purpose to ensure that the sport is thriving 50 years from now.”