STAVANGER, Norway — Russia's Sergey Karjakin has won the (EURO)100,000 ($130,000) Norway chess tournament after drawing against Veselin Topalov of Bulgaria.

Karjakin needed only a draw against Topalov to take the top prize after the world's No. 1 player, Magnus Carlsen, failed to win against Levon Aronian from Armenia, ranked No. 2.

Topalov went into the final day of the nine-day round robin event, drawing his eighth game to hand the overall victory to Karjakin.

There had been high hopes for Carlsen, playing at home, but he acknowledged that his play was "a little off."

The 22-year-old Carlsen hopes to grab the world championship title from India's Viswanathan Anand in November in the holder's hometown of Chennai.