By FCF Staff

The schedule has been released for K-1’s 2012 campaign, and according to a press release from the kickboxing promotion, the company will host seven events over the coming months.

The K-1 World Max final will reportedly take place in Asia sometime in November, and will feature $500,000 worth of prize money up for grabs.

In December, the promotion plans to host its K-1 World Grand-Prix Final in New York City, which will offer a $1,000,000 grand prize to the winner.

In 2011, speculation was rampant as to what the future held for K-1, following extensive reports that the promotion was in financial trouble. The company recently announced a partnership with the European based It’s Showtime organization, and added in the press release:

Since January 31, 2012, K-1 Global Holdings Limited has been working to rebuild the K-1 brand, by bringing together a wide array of world-class fighters, top global venues, sponsors and broadcasters, and assembling a global organization and management team.

The company has announced the following events:

–-May 27: K-1 officially rises with a spectacular K-1 Tournament and Celebration at the Palacio Vista Aletre in Madrid, Spain, as we begin the search for the world’s best fighters.

–June-October: Tournaments span the globe with events in the US, Europe and Asia.

–Early September: US Regional Tournament takes place in Los Angeles.

–Later October: The K-1 World GP Final16 takes place in Asia.

–November: The K-1 World MAX Final takes place in Asia, with a $300,000 Grand Prize (total prize money for MAX: $500,000).

–December: The K-1 World GP Final in New York City, with a ONE MILLION DOLLAR grand prize (total prize money for WGP: $1,500,000).

Details regarding the competitors and venues will be released over the next few weeks.