Oil giant Chevron will become a sponsor of a major tournament on the LPGA Tour when The Chevron Championship replaces the ANA Inspiration.
The LPGA announced Tuesday that the six-year partnership will begin in 2022. Financial terms were not disclosed.
As part of its sponsorship, Chevron will increase the prize fund for next year’s event by over 60 percent to $5 million.
“We could not be more excited to announce our par