London has confirmed that the ATP World Tour Finals will take place in the city for two more years, as it extended the contract with ATP.

The season-ending event has been quite a success since its move from Shanghai in 2009. With packed crowds all through the course of the event, the O2 Arena is set to serve as the venue event till 2015.

Despite interest from Rio – the host for the Olympics in 2016, the event is set to be showcased at the beautiful Arena in south-east London.

ATP executive chairman and president Brad Drewett said: "We are very happy to announce the extension of our original commitment in London for a further two years.

"We are very proud of our marquee event, the ultimate showcase of the best of men's tennis. The excitement created by our season-ending tournament in London has been fantastic, with fans, players, media and commercial partners all supporting the event in an unprecendented manner.

"This week we look forward to welcoming our one millionth fan through the gates at the O2 since 2009. We thank every one of those fans for helping to create an electric atmosphere."

The event is in full flow at the moment as Roger Federer aims to become a 7-time champion at the event.

In its 42 year history, the event has taken place in famous cities all over the globe. Tokyo, New York an Sydney have all been venues in the past.