Price shot the lowest round of his Champions Tour career, an 11-under 60 at the Newport Beach Country Club. He eagled two of the final four holes to tie the course record set in 2004 by Tom Purtzer. Price is seeking his fourth win on the over-50 circuit.
Former British Open champion Ian Baker-Finch, whose game deteriorated during his 40s and who is a fixture on the CBS golf announcing team, made his first appearance in what he hopes will be a comeback to the sport. He shot a 74 and was in front of seven players.
Finch turned 50 in October.