MasterCard signs on as presenting sponsor for Arnold Palmer Invitational
Participating in this sponsorship deal:
About Sponsor:
MasterCard Worldwide is an American multinational corporation with its headquarters in the MasterCard International Global Headquarters in Purchase, New York. Throughout the world, its principal business is to process payments between the banks of merchants and the card issuing banks or credit unions of the purchasers who use the "MasterCard" brand debit and credit cards to make purchases. MasterCard Worldwide has been a publicly traded company since 2006. It was absorbed by the United California Bank in year 1966. Prior to its initial public offering, MasterCard Worldwide was a cooperative owned by the 25,000+ financial institutions that issue its card.
About Property:
The Arnold Palmer Invitational is a PGA Tour golf tournament. It is played each March at the Bay Hill Club and Lodge, a private golf resort in Bay Hill, Florida a suburb of Orlando which has been owned by Arnold Palmer since 1974 and where he has his winter home. The event was founded in 1979 as a successor to the Florida Citrus Open Invitational, which was played at Rio Pinar Golf Club on the East side of Orlando. It has had a number of different names since then, most of them including "Bay Hill". The tournament was played for the first time under the Palmer name in 2007.