The deal will see Sunoco provide racing gasoline for NASCAR's three national series - the Winston Cup, Busch Series and Craftsman Truck Series - and become known as the 'official fuel of NASCAR'.
Sunoco, a leading manufacturer and marketer of petroleum and petrochemical products, distributes gasoline to more than 400 race tracks in the US and already has a relationship with NASCAR as the gasoline supplier to approximately 80 percent of the NASCAR Dodge Weekly Series that competes at 75 tracks.
Said NASCAR president Mike Helton: "Because our sport literally runs on fuel, this partnership is one of the most important relationships for NASCAR."
Sunoco will replace Conoco Phillips' Unocal '76' brand as the official fuel provider of NASCAR in 2004.
After the recent merger of Conoco, Inc. and Phillips Petroleum Company, the company's marketing strategy shifted; Conoco Phillips chose not to renew the '76' fuel supplier contract, which expires at the end of the 2003 season.
