The private Georgia golf club that survived bankruptcy to become a global sporting icon

The private Georgia golf club that survived bankruptcy to become a global sporting icon
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In short: Founded during the Great Depression, Augusta National struggled for years to attract members and stay solvent. Today, it is the exclusive home of the Masters Tournament. From its origins as a nursery to its complex history with social change, the club remains a secretive, for-profit titan of professional golf.

Established in 1932 by Bobby Jones and Clifford Roberts, Augusta National was built on a 365-acre former plantation known as Fruitland. The founders initially envisioned a multifaceted club featuring tennis and squash courts, but financial strain during the Great Depression forced them to abandon these plans. The club struggled significantly in its early years; by 1934, it had only 76 members paying $60 in annual dues. The situation became so dire that in 1935, the Georgia Railroad and Banking Company foreclosed on the property, forcing a re-incorporation to keep the club operational.

The club's path to prominence was paved by the Masters Tournament, first held in 1934 to boost interest. Despite its prestige, the institution has faced repeated controversies regarding its exclusionary policies. In 1990, it admitted its first Black member, Ron Townsend, following public pressure. Later, a high-profile 2002 dispute with Martha Burk highlighted the club's male-only membership, which persisted until 2012 when Condoleezza Rice and Darla Moore were admitted. These tensions even impacted the club's relationship with the Olympics, as plans to host a golf event for the 1996 Atlanta Games were scrapped due to concerns over the club's lack of diversity.

Beyond its social history, the course is defined by its unique landscape and architecture. Designed by Alister MacKenzie, the course is famous for its plant-themed holes, each named after specific trees or shrubs. The grounds have weathered significant challenges, including a 1990 flood that damaged Amen Corner and the repurposing of the land for cattle and turkey farming during World War II. Today, the club operates as a for-profit corporation that maintains strict control over its image, finances, and membership, ensuring its status as one of the most enigmatic and influential venues in the world of sport.

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