Monday, December 23, 2024

PGA TOUR announces new title sponsor for Charlotte-based tournament

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The PGA TOUR has unveiled the Truist Financial Corporation as the new title sponsor for the tournament formerly known as the Wells Fargo Championship, which is traditionally held at Quail Hollow Club in North Carolina.

Now renamed the Truist Championship, the 2025 tournament will be held at The Philadelphia Cricket Club’s Wissahickon Course from May 8-11, before returning to its permanent home at Quail Hollow in 2026. The latter is hosting the PGA Championship next year, making it impossible to host the two events in the same season.

The announcement of the seven-year sponsorship deal was held at the Truist Innovation & Technology Center in Charlotte, with Truist Chairman and CEO Bill Rogers, PGA TOUR Commissioner Jay Monahan, Quail Hollow Club President Johnny Harris and Philadelphia Cricket Club President Tom Sheridan. 

One of eight Signature Events on the PGA TOUR schedule featuring the TOUR’s top players and FedExCup points (700 points to the winner), the tournament has raised more than $30 million for charitable organisations over its history. 

“We are honored to be the title sponsor of the PGA TOUR’s Charlotte-based Signature Event and thrilled that Philadelphia and Charlotte, two vibrant growth markets for Truist, will be featured on the PGA TOUR,” said Truist Chairman and CEO Bill Rogers. “We look forward to partnering with the PGA TOUR to elevate this wonderful championship event and Truist’s deep community impact, and to further fulfill our purpose to inspire and build better lives and communities.” 

“We are delighted to welcome Truist to the PGA TOUR family as the new title sponsor of the Truist Championship, a Signature Event that has continued to grow in size and stature since its introduction to the golf calendar more than two decades ago,” said PGA TOUR Commissioner Jay Monahan. “Starting in year one at The Philadelphia Cricket Club followed by an extended run at the Quail Hollow Club, the Truist Championship will be a best-in-class experience for fans thanks to the support of a hometown title sponsor that holds a vested interest in positively impacting its local communities.”

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