Watch Magnus Carlsen Gives Up World Chess Championship Title Video

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“Magnus Carlsen, who has been ranked the No. 1 chess player in the world since 2011, announced Wednesday he will not defend his world championship title.

“”The conclusion is very simple that I am not motivated to play another match,” the five-time world champion said on his podcast, The Magnus Effect. The championship matches are held every two years and the next is scheduled for 2023.

“”I simply feel that I don’t have a lot to gain,” Carlsen added. “I don’t particularly like it, and although I’m sure a match would be interesting for historical reasons and all of that, I don’t have any inclinations to play and I will simply not play the match.””

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