Singles
1981 Volvo Masters
Final
Champion	Ivan Lendl
Runner-up	Vitas Gerulaitis
Score	6–7(5–7), 2–6, 7–6(8–6), 6–2, 6–4
Details
Draw	8
Events
Singles Doubles
← 1980 · ATP Finals · 1982 →

Ivan Lendl defeated Vitas Gerulaitis in the final, 6–7^(5–7), 2–6, 7–6^(8–6), 6–2, 6–4 to win the singles title at the 1981 Volvo Masters.^[1]

Björn Borg was the defending champion, but did not participate.

	Semifinals							Final
		Vitas Gerulaitis	7	4	6
		Eliot Teltscher	5	6	2
									Vitas Gerulaitis	77	6	66	2	4
									Ivan Lendl	65	2	78	6	6
		Ivan Lendl	6	6
		John McEnroe	4	2

		Teltscher	Tanner	McEnroe	Connors	RR W–L	Set W–L	Game W–L	Standings
	Eliot Teltscher		4–6, 6–1, 6–4	6–4, 6–1	5–7, 1–6	2–1	4–3	34–29	1
	Roscoe Tanner	6–4, 1–6, 4–6		3–6, 2–6	7–6, 6–7, 7–6	1–2	3–5	36–47	3
	John McEnroe	4–6, 1–6	6–3, 6–2		6–2, 7–5	2–1	4–2	30–24	2
	Jimmy Connors	7–5, 6–1	6–7, 7–6, 6–7	2–6, 5–7		1–2	3–4	34–36	4

Standings are determined by: 1. number of wins; 2. number of matches; 3. in two-players-ties, head-to-head records; 4. in three-players-ties, percentage of sets won, or of games won; 5. steering-committee decision.

		Lendl	Gerulaitis	Vilas	Clerc	RR W–L	Set W–L	Game W–L	Standings
	Ivan Lendl		4–6, 7–5, 6–2	6–4, 6–1	–	2–0	4–1	29–18	1
	Vitas Gerulaitis	6–4, 5–7, 2–6		6–1, 6–4	7–6, 6–1	2–1	5–2	38–29	2
	Guillermo Vilas	4–6, 1–6	1–6, 4–6		6–1, 7–5	1–2	2–4	23–30	3
	José Luis Clerc	–	6–7, 1–6	1–6, 5–7		0–2	0–4	13–26	4

Standings are determined by: 1. number of wins; 2. number of matches; 3. in two-players-ties, head-to-head records; 4. in three-players-ties, percentage of sets won, or of games won; 5. steering-committee decision.

• ATP World Tour Finals appearances