Sunoco (SUN) and Energy Transfer (ET) announced that 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.
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