IndyCar Lands An Iconic Sponsor As Sunoco Joins Chip Ganassi Racing [Forbes]
Energy Transfer LP Common Units (ET)
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Source: Forbes
Sunoco and Chip Ganassi Racing announced on December 12 the iconic fuel company is returning to IndyCar. From the great Mark Donohue driving the Sunoco car to Penske Racing's first Indianapolis 500 win in 1972, to the more recent era when Sunoco was the official fuel supplier for IndyCar from 2010 to 2018, the famed blue and yellow Sunoco colors have come back home to IndyCar. The deal with Chip Ganassi Racing includes Sunoco, the largest independent fuel distributor in the Americas, as the primary full-season partner on the No. 8 Honda driven by Kyffin Simpson, with associate placement on the No. 9 Honda for Scott Dixon and the No. 10 Honda for four-time NTT IndyCar Series Champion Alex Palou. “Sunoco has long been synonymous with performance and innovation, values that mirror the DNA of our team,” team owner Chip Ganassi said. “To join forces with such an iconic brand and one with a storied legacy in IndyCar is truly special. This partnership reflects our shared drive to keep
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- Energy Transfer (NYSE:ET) had its price target lowered by analysts at Morgan Stanley from $21.00 to $19.00. They now have an "overweight" rating on the stock.MarketBeat
- Energy Transfer (NYSE:ET) had its price target lowered by analysts at JPMorgan Chase & Co. from $22.00 to $21.00. They now have an "overweight" rating on the stock.MarketBeat
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- 11/5/25 - Miss
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- 12/9/25 - Form 4
- 12/9/25 - Form 4
- 12/9/25 - Form 4
- ET's page on the SEC website