Sunoco LP and Energy Transfer LP announced they have signed an agreement with Switzerland-based Sauber Motorsport to sponsor its Stake F1 Team KICK Sauber, marking the first time these two companies have entered a marketing partnership. The two-year partnership agreement commences with the 2024 season and entitles the companies to certain sponsorship rights for three Formula 1 Grand Prix races in the U.S. The cornerstone of the sponsorship is brand visibility for both Sunoco and Energy Transfer on the new C44 Stake F1 Team car revealed in Hinwil, Switzerland earlier this month. Per the terms of the contract, Sunoco branding will be displayed on the Stake F1 car for the Miami and Las Vegas Grands Prix in May and November respectively, while Energy Transfer?s branding will be featured on the Stake F1 car for the United States Grand Prix in Austin in October.
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- Sunoco and Energy Transfer Sign First Joint Multi-Year Partnership with Stake F1 Team Kick Sauber