The British Masters will return to the European Tour from 8 to 11 October, following a seven-year absence.
Over the next four years, Ian Poulter, Lee Westwood, Luke Donald and Justin Rose will take turns in hosting the tournament at a course of their choice.
"We have all been keen to get more tournaments on British soil and in England in particular," Poulter said.
Poulter, 39, has chosen the Marquess' course at Woburn, his local club, to host the event in 2015.
The return of the British Masters means there will now be seven tournaments held on British soil.
The six others are the Open, BMW PGA Championship, the new Saltire Energy Paul Lawrie Match Play, the Scottish Open, the Irish Open near Belfast and the Alfred Dunhill Championship.
It will be the 17th time Woburn has hosted the British Masters and the first occasion since 2002, the year Poulter lost out on the title by one stroke to Rose.