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SBD/17/Olympics
TEXACO PASSES CASH ALONG TO U.S. OLYMPIC TEAMS
Published September 17, 1997
Texaco announced an eight-year deal to become a U.S.
Olympic sponsor through the 2004 Games, according to Jay
Baltezore of the SALT LAKE TRIBUNE. The deal is "said to be
worth" more than $80M in cash and products, including
gasoline, motor oil, diesel fuel and coolants under the
Texaco and Havoline brand names. Texaco's sponsorship also
includes a connection to the teams for the 2002 Paralympic
Winter Games and the 2003 U.S. Pan American Games (SALT LAKE
TRIBUNE, 9/17). In UT, Lisa Riley Roche notes that "more
than half" of Texaco's contribution to the USOC "will be
cash" (DESERET NEWS, 9/17).
