Sunoco and Energy Transfer Sign First Joint Multi-Year Partnership With Stake F1 Team KICK Sauber
Sunoco LP (NYSE: SUN) and Energy Transfer LP (NYSE: ET), both based in Dallas, announced today 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.
- Sunoco LP (NYSE: SUN) and Energy Transfer LP (NYSE: ET), both based in Dallas, announced today 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.
- View the full release here: https://www.businesswire.com/news/home/20240223759441/en/
SUNOCO AND ENERGY TRANSFER SIGN FIRST JOINT MULTI-YEAR PARTNERSHIP WITH STAKE F1 TEAM KICK SAUBER (Photo: Business Wire)
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. - SUN's general partner is owned by Energy Transfer LP (NYSE: ET).
- Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 125,000 miles of pipeline and associated energy infrastructure.