Scandal-hit Tiger Woods, wife Elin officially split

''We are sad that our marriage is over and we wish each other the very best for the future,'' Woods and Nordegren, a blond former model, said in a joint statement.

"While we are no longer married, we are the parents of two wonderful children and their happiness has been, and will always be, of paramount importance to both of us," said the embattled couple.

In 2004, the couple had married in Barbados and have a 3-year-old daughter, Sam Alexis, and a 18-month-old son, Charlie Axel.

Woods, 34, and Elin, 30, said once they had decided to split their primary focus had been to ensure the well being of their children.

"The weeks and months ahead will not be easy for them as we adjust to a new family situation, which is why our privacy must be a principal concern," they said.

The couple was present at Bay County Circuit Court in Panama City, Florida, yesterday for the execution of their divorce agreement, according to People magazine.

It is not clear how much Elin will get from the settlement in terms of property and assets but there have been reports that the former model could get somewhere between USD 100 million to five times as much, the magazine reported.

The car crash, in November last year, touched off a global scandal, leading to his admission of adultery.

The golfer has apologised for his behaviour, spent 45 days in rehab for sex-addiction and has spoken of continuing his treatment. After the sex scandal broke, Woods took a five month break and then entered the Masters in April.

"I want to say to each one of you simply and directly I am deeply sorry for the irresponsible and selfish behaviour I engaged in," he had said, during a 14 minute apology in February. "I am embarrassed I have put you in this position. For all that I have done I am so sorry."