NEW YORK (Ticker) -- Second seed Lindsay Davenport today played what she termed her best match ever to dominate No. 1 Martina Hingis and win the Chase Championships.

After reaching the final twice before, Davenport dispatched Hingis, 6-4, 6-2 in a little more than hour to win the WTA Tour's $2 million season-ending event for the first time.

"Just going out to the match, I wanted to be really aggressive and go for winners," said Davenport, who earned $500,000 for winning her seventh singles title of the year. "Some days they fall in, and sometimes they don't. Today they fell in.

"I played my best match ever, and to end my year with that is really great."

This season had the 23-year-old Davenport hold the No. 1 ranking for more than a month at the start of the year and for a portion in the summer. She also capturd her second career Grand Slam title at Wimbledon, and led the United States to victory over Russia in the Fed Cup crown.

A 19-year-old from Switzerland, Hingis fell to 1-2 in finals here at Madison Square Garden. Last season, she defeated then-No. 1 Davenport in four sets, and in 1996 she lost to Steffi Graf in five sets.

This year's final was only three sets.

Later this afternoon, Hingis will pair with Russian Anna Kournikova in the doubles final as the top seeds take on No. 4 Arantxa Sanchez-Vicario of Spain and Latvia's Larisa Neiland.

Hingis and Kournikova won four tournaments as a team this season, including the Australian Open. They also appeared in the final of the French Open.

Prior to the women's final, Jana Novotna, who announced her retirement after losing at the U.S. Open, was honored with a ceremony. A video tribute was shown and Novotna was given serveral gifts, including a mountain bicycle. She won 24 career singles titles, including the 1997 Wimbledon crown, and 76 doubles tournaments over a 12-year career.

The doubles match will signal the end of another career as Neiland will retire after 16 seasons. She won six Grand Slam titles -- two women's doubles and four mixed-doubles crowns. Nieland, who also competed under her maiden name of Savchenko, captured her 69th career doubles title last month in Leipzig, Germany.