Charles Schwab Extends Title Sponsorship of PGA Tour’s Colonial Stop

Kevin Na Wins Charles Schwab Challenge
Kevin Na reacts on the ninth green during the final round of the Charles Schwab Challenge at Colonial CC on May 26, 2019 in Fort Worth, Texas. Photo by Tom Pennington/Getty Images

The PGA Tour announced today that the Charles Schwab Corporation has extended its title sponsorship for the Charles Schwab Challenge through 2026.

The 2021 Charles Schwab Challenge will be contested this week, May 27-30, at the historic Colonial Country Club in Fort Worth, Texas.

The Charles Schwab Challenge is in its third year and will celebrate the 75th anniversary of the tournament colloquy known as “The Colonial.”

It holds the distinction of being the longest-running event at the same location on tour.

“This tournament has such a significant place in golf – and Texas – history and Charles Schwab is honored to help continue its tradition during this historic 75th anniversary year – and now proudly through 2026,” said Jonathan Craig, senior executive vice president, Investor Services & Marketing at Charles Schwab.

“The tournament has long held a deeper meaning given its history and is so important to the Metroplex community where our firm has a proud history and deep footprint of its own. We are honored to further our commitment to Colonial, its fans, and the Dallas-Fort Worth region, and as title sponsor, bring continued stability to this storied event.”

In 2020, the Charles Schwab Challenge was the first event in the PGA Tour’s reboot following a three-month shutdown due to COVID-19 with Daniel Berger winning in a playoff over Collin Morikawa.

“Charles Schwab has been an extraordinary partner of the PGA TOUR and PGA TOUR Champions since 1997, and we saw the strength of that relationship last summer when they raised their hands last year in volunteering to be the first event back in our Return to Golf,” said Tyler Dennis, EVP and President, PGA Tour. “With today’s news, we are extremely thankful for their support through 2026 and their continued commitment in making a significant charitable impact in the greater Fort Worth community and across North Texas.”

Post via a PGA Tour press release


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