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[edit] Financial Problems

Starting in 2010, multiple stories began to surface regarding the financial troubles of K-1 and their parent company FEG.[7] Simon Rutz, the owner of the Dutch-based kickboxing promotion It's Showtime, claimed in January 2011 that some fighters from It's Showtime had not been paid for fights in K-1.[8]

In early 2011, the company publicly announced that they were facing financial problems and would take some months off to restructure. It has been speculated that the financial problems are severe, so FEG can end up losing the ownership of K-1.[9]

The organization along with most of its trademarks (with the notable exception of K-1 MAX) was sold to Japanese real estate firm Barbizon Co. Ltd. on July 28, 2011.[10] It was reported on February 1, 2012 that EMCOM Entertainment Inc. purchased K-1 from Barbizon under curious circumstances.[11]

[edit] K-1 Global

In March 2011, It's Showtime announced that EMCOM Entertainment established the new company K-1 Global Holdings Ltd. in Hong Kong. EMCOM/K-1 Global's agreement with It's Showtime made many fighters under It's Showtime promotion sign contracts to appear in upcoming K-1 Global events.[12]

[edit] K-1 Grand Prix

Main article: K-1 World Grand Prix

Throughout the year there are 6 K-1 World Grand Prix tournaments and 4 main K-1 MAX events. The winners will qualify to the K-1 and the K-1 MAX WGP Final Eliminations held in Osaka Dome, Japan. From there the final top 8 fighters will compete in the K-1 World GP Finals in Tokyo Dome, Japan.

[edit] List of K-1 events

Main article: List of K-1 events
See also: List of Hero's events

Every year there are dozens of other K-1 qualifying tournaments and preliminaries all over the world.

To date K-1 has held events in 38 countries.

The following is a list of countries that K-1 has held events in chronological order:

[edit] Qualification and match-ups

K-1 Qualifying System 2009

The system of K-1 changes from time to time as a response to growing popularity in different parts of the world.

In the beginning, the K-1 series was a single tournament in Japan with fighters participating by invitation. K-1 has now branched out to all parts of the world and has been divided into preliminary Grand Prix-s, Fighting Networks and qualifiers. There are six regional GPs on all continents (except Africa and Antarctica) and all of them have the exclusive right to send the winners to the Final Elimination. Preliminaries are organized in countries with minor attendance and consists of tournaments where the winners qualify to the regional GPs.

K-1 attempted to gain popularity in the United States by holding two GPs, however only a few Americans have ever qualified for the Finals. In 2006 one of the American GPs was relocated to Auckland, New Zealand. Additionally the K-1 Paris GP lost its qualifying right in favor of Amsterdam.

The Final Elimination is an event where 16 participants compete for the final eight spots in the Finals. The line-up is made up of 6 new GP winners, the eight finalists from the previous year's Final, plus 2 fighters selected by the K-1 organization. In 2006 there were some minor modifications because Peter Aerts was replaced by Glaube Feitosa who reached the final match, therefore he was included in the 2006 Final Elimination.

[edit] Match-ups

Usually the combatants of the Elimination 16-men 8-match super fights are paired by drawing. This is done differently at the Tokyo Dome, however. The event is combined with a ceremony where the fighters pull a ball from a glass bowl with a number on it. The balls are marked with numbers 1 through 8, determining fighter order. The fighter with the number 1 ball will choose first "empty" section. This procedure goes on until all the fighters have selected their first quarterfinal opponent.

[edit] Restructuring

In 2007 the K-1 organization introduced two new title belts and restructured the qualification system. The two titles can be acquired through single fights. One was created for the heavyweights under 100 kg fighters and the other for the super-heavyweights. Meanwhile, the well-known 8-man tournament system remains and the GP titles are still handed out.

The new tournament qualification system will be: the 8 finalists of last year, 4 new Grand Prix winners and two new single title champions; if some of the fighters hold more than one title, then the extra ones will be chosen by the organization. The last two spots will be selected by K-1 and the votes of fans from around the world.".[13]

[edit] Tactics

This section may contain original research. Please improve it by verifying the claims made and adding references. Statements consisting only of original research may be removed. More details may be available on the talk page. (May 2009)

The principal objective of K-1 is to win either by a knockout or by a split or unanimous decision. Victories are usually achieved by kicks to the legs, head or midsection or using traditional boxing punches, such as the jabs, hooks or uppercuts.

The classic defensive boxing stance is rather ineffective against leg kicks, and fighters are more or less forced to constantly move and counterattack. The traditional clinch, often used in boxing, is not allowed, which has led to a very high knockout ratio in the K-1, since the fighters in other stand-up fighting sports often use the clinch to gain time to recover if they have been hit. The traditional Muai-Thai clinch (two hands grabbing the back of the opponents neck or head) is not allowed in K-1 rules. However, a single handed Muai-Thai clinch is allowed. If a fighter grabs an opponent with the intent of using a knee-technique he must let go after one single blow. In Thai Boxing, the fighters often hold on to each other to continuously use their knees and elbows. The same is said for Karate and Tae Kwon Do, though they consider clinch knees and elbows more circumstantial and only when the opponent is weakened to avoid neck and groin counters.