Orlando, FL

Tiger Woods fired off a two-under-par 70 in the final round Monday to bag his eighth Arnold Palmer Invitational title by two strokes and regain the No. 1 ranking for the first time since October 30, 2010.

Woods, who also stormed to top of the FedExCup standings, joined Sam Snead as the only other player to win the same event eight times. Snead ruled the Greater Greensboro Open eight times from 1938 to 1965.

The win was Woods' third victory of the season and sixth in his last 19 stroke-play starts on the PGA Tour.

Overall, Woods had a four-round total of 13-under-par 275 at Bay Hill, beating Justin Rose by two strokes.

"The three events I've won, I've putted well," said Woods, who pocketed $1,116,000 from the victory. "To be that steady and hit the ball that solidly and that flush ... That feels good, especially when it's blowing like this."

With his return to the top spot, Woods has proven that he's still a force to reckon with in the PGA Tour.

Woods' ranking dropped to as low as 58th after he was embroiled in a scandal that led to a divorce.

However, Woods picked up the pieces and slowly inched his way back to the top. Now, things look rosy for Woods, who recently announced that he's in a relationship with fellow athlete Lindsay Vonn.

Woods will now carry the momentum of his victory to the Masters, where he will try to end a five-year drought in the majors.

Rose, who led the first two rounds of the event, matched Woods' score to finish second at 11-under. He bogeyed two of the first three holes but recovered with four birdies

"I would say iron play and putting is looking fantastic," said Rose, who played alongside Woods said of Woods. "When he's got mid‑iron in his hand, there is nobody better.

Rickie Fowler, who was within two of Woods with three holes to play, settled for a tie for third place after twice hitting into the water on the par-5 16th to finish with a 73.

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Tiger Captures Eighth Arnold Palmer Title, Regains No. 1 Ranking