Updated

PGA Tour commissioner Tim Finchem announced on Wednesday that the 2015 Presidents Cup will be contested in South Korea.

The announcement was made from Australia, where the Presidents Cup will kickoff Wednesday evening eastern time. Finchem was joined at the announcement by three Koreans - K.J. Choi, Y.E. Yang and Kyung-tae Kim. All three are part of the International team this week at Royal Melbourne.

"We are delighted to be taking The Presidents Cup to South Korea in 2015," Finchem said. "The growth of the game in Asia is well documented, and the fact that we have three South Korean players on the International Presidents Cup Team this year illustrates the strength of golf in that country -- which is only going to get stronger in the next four years."

The site and dates for the 2015 Presidents Cup were not announced, and Finchem stated the announcement of which course will host the event will not take place until 2012.

This week's host venue - Royal Melbourne - is the site of the U.S. teams only loss in this event, that was in 1998.

The 2013 Presidents Cup will be contested at Muirfield Village Golf Club in Dublin, Ohio.