The PGA TOUR has announced that Wells Fargo has extended its sponsorship of the Wells Fargo Championship through to 2024 after signing a five-year extension.
Quail Hollow Club, home of the tournament since its PGA TOUR debut in 2003, will continue to host the Wells Fargo Championship.
“Since 2003, the Wells Fargo Championship has established itself as a premier event in the sports-rich city of Charlotte, with a supportive fan base, outstanding host venue and highly engaged title sponsor,” announced PGA TOUR commissioner Jay Monahan.
“It also continues to impact the community through the charitable efforts of Champions for Education, for which Wells Fargo has played a major role. The Wells Fargo Championship is a favorite stop among our players, and we are excited to announce that this relationship will continue for an additional five years.”
According to the PGA Tour, 2018’s edition of the championship generated more than $1.5 million for Charlotte-area charitable organisations – raising the tournament’s all-time total to $22 million.
“The Wells Fargo Championship is one of the most engaging expressions of our brand, and we’re thrilled to continue to delight golf fans, Wells Fargo team members, PGA TOUR players and the greater Charlotte community with our sponsorship of this event,” said Jamie Moldafsky, chief marketing officer of Wells Fargo.
“We’re especially proud of the positive impact we are able to generate in the greater Charlotte community in support of organizations including the Championship’s three primary beneficiaries: The First Tee of Greater Charlotte, Levine Children’s Hospital and Teach for America.”
Jason Day will return to Quail Hollow Club as defending champion, winning last year by two strokes over Aaron Wise and Nick Watney. It was his 12th career PGA TOUR victory.
“The Wells Fargo Championship is an important part of the fabric of the community and today’s announcement allows us to continue to support our charitable efforts,” commented Wells Fargo championship tournament director, Gary Sobba.
“It is also an exciting time for our 2,300 volunteers—many of whom are Wells Fargo team members. We are fortunate that our tournament has become a popular spring tradition for PGA TOUR players, our partners and fans throughout the Carolinas.”
Due to the Presidents Cup at Quail Hollow Club in 2021, the event will move for one year to TPC Potomac at Avenel Farm in Washington, D.C.
Quail Hollow Club president Johnny Harris explained: “Today’s announcement is special for Quail Hollow Club members and staff. From the beginning, our goal was to create an exciting environment for the players, patrons, and partners as we gather to celebrate the game of golf and incorporate the tremendous support of the community.
“We are so honored by the success of this annual event and are grateful for all who have helped us along the way. We have been fortunate to host the best players in the world and are looking forward to welcoming them back for years to come.”