Australian Open Fast Facts

(CNN)Here's a look at what you need to know about the Australian Open, one of four competitions that make up the "Grand Slam" in professional tennis. The other three are Wimbledon, the French Open, and the U.S. Open.

January 19, 2015-February 1, 2015 - The Australian Open will take place at Melbourne Park.

2014 Results:
Stanislas Wawrinka of Switzerland defeats Rafael Nadal of Spain in the men's final.

Li Na of China defeats Dominika Cibulkova of Slovakia in the women's final.

Other Facts:
Total prize money for 2014 was a record AUD 33 million (about US $30 million)
, with a top prize of AUD 2.65 million (about US $2.4 million) for both the men's and women's singles champions.

Youngest winners - Men's singles, Ken Rosewall (18) - Women's singles, Martina Hingis (16)

Oldest winners - Men's singles, Ken Rosewall (37) - Women's singles, Thelma Long (35) - Men's doubles, Norman Brookes (46) - Women's doubles, Thelma Long (39)

    Most successive singles wins - Roy Emerson (five) 1963-1967 and Margaret Court (seven) 1960-1966.

    Most singles titles overall - Roy Emerson (six) and Margaret Court (11).

    Timeline:
    1905 -
    The Australasian Championships are played in Melbourne.

    1927 - The name is changed to the Australian Championships.

    1954 - 35-year-old Thelma Long wins the Women's Singles Championship, becoming the oldest female to do so.

    1969 - The name is changed to the Australian Open.

    1972 - 37-year old Ken Rosewall wins the Men's Singles Champions, becoming the oldest male player to win the Australian Open. He also holds the record for youngest champion, winning at age 18 in 1953.

    2003 - The Australian Open begins billing itself as the "Grand Slam of Asia/Pacific."

    2015 - The first year that both the runner-up and the winner of the tournament will receive $3,100,000 in prize money.