In the midst of all the beta madness going on at the moment, EA has announced a major online Battlefield 3 tournament called Battlefield Worldwide Conquest Tournament. In partnership with Virgin Gaming, the tournament will be held next year and will offer prizes totaling $1.6 million.

The tournament is for consoles only, where PlayStation 3 and Xbox 360 owners will be able to participate in the event, which kicks off in early 2012. If you’re interested, you can sign up here.