St Andrews will host The Open in 2010, marking the 150th anniversary of the first playing of the oldest major.
Tiger Woods won The Open at St Andrews in 2005
The tournament was first staged at Prestwick in 1860, with Willie Park Snr beating an eight-man field by two shots after three rounds of 12 holes.
Prestwick hosted The Open a further 23 times, the last occasion being 1925.
St Andrews is the only course to have held the event more often than Prestwick, and 2010 will be the 28th time it has hosted the tournament.
The Old Course at St Andrews was first used for The Open in 1873.
St Andrews hosted the 2005 championship, which saw Tiger Woods claim his second Open title and Jack Nicklaus play his final championship round.