World number one Norwegian Magnus Carlsen has retained his World Chess Championship title, beating US opponent Fabiano Caruana in a tie-breaker event.

Carlsen beat Caruana in three time-limited games, ending the American’s hopes of becoming the first US champion since Bobby Fischer won in 1972.

Carlsen, who has won the championship three times before and was the favourite to win the game, took a two-match lead and needed only a draw in the third tie-breaker to seal his victory.

The Norwegian is ranked number one worldwide for fast-paced games, whereas Caruana is ranked at number 18.