The 2001 Colortex Budapest Grand Prix was a women's tennis tournament played on outdoor clay courts in Budapest, Hungary and was part of Tier V of the 2001 WTA Tour. It was the seventh edition of the tournament and ran from 16 April until 22 April 2001. First-seeded Magdalena Maleeva won the singles title and earned $16,000 first-prize money.
| 2001 Colortex Budapest Grand Prix | |
|---|---|
| Date | 16–22 April |
| Edition | 7th |
| Category | Tier V |
| Draw | 32S / 16D |
| Prize money | $110,000 |
| Surface | Clay / outdoor |
| Location | Budapest, Hungary |
| Champions | |
| Singles | |
 Magdalena Maleeva | |
| Doubles | |
 Tathiana Garbin /  Janette Husárová | |
Finals edit
Singles edit
Magdalena Maleeva defeated 
Anne Kremer 3–6, 6–2, 6–4
- It was Maleeva's only singles title of the year and the 8th of her career.
Doubles edit
Tathiana Garbin / Janette Husárová defeated 
Zsófia Gubacsi / 
Dragana Zarić 6–1, 6–3
- It was Garbin's 2nd title of the year and the 4th of her career. It was Husárová's 3rd title of the year and the 8th of her career.