TIGER Woods has cast doubt over his playing future with the announcement of a new corporate brand, TGR.

Serving as both an umbrella under which all his enterprises will be fall, as well as a startup, TGR was launched in a Fast Company magazine story on Monday. Woods will be chairman.

The 14-time Major winner’s current business encompasses a golf course design firm, a live events arm for hosting tournaments and his restaurant The Woods in Jupiter, Florida, as well as the Tiger Woods Foundation charity. The Fast Company story also implies in the exclusive interview that new businesses would be launched “in the coming months”.

TGR’s launch may also fuel speculation that Woods will venture into the golf club manufacturing and design business, with rumours the 40-year-old is looking to purchase the controlling interests of TaylorMade – with a consortium – from apparel giant Adidas, which is looking to offload its golf club brand.

The 79-times US PGA Tour winner was scheduled to make a competitive return to golf after 14 months of rehabilitation from a second microdiscectomy on his back, but withdrew shortly before the season-opening Safeway Open in Napa, California. Woods was also scheduled to play the Turkish Airlines Open.

“There is so much excitement about the potential of TGR,” says Woods.

“I’m excited to explore the possibilities in design, product development, hospitality, and possibly entertainment.”