Copagaz deal takes Rio Open portfolio beyond 30 sponsors

Brazilian gas distributor Copagaz has joined a set of 30 brands sponsoring next month’s Rio Open ATP 500 tournament.

The world’s fifth-largest liquid petroleum gas distributor has signed in the third-tier Gold Sponsor section, comprising 12 brands, including Booking.com, Estácio, Head, Melitta and Sextante.

The tournament’s top-tier Presenting Sponsor is the telecom group Claro.

In the tier below, there are 12 Host Sponsors, including Emirates, FedEx, Peugeot, Rolex, Santander and Shell.

There are six fourth-tier Official Sponsors.

Copagaz is reportedly a sponsor of men’s and women’s football, motorsports and extreme sports events in Brazil.

Most recent

The InterContinental Hotels Group (IHG) acquired Official Sponsor rights to the US Open tennis championship in a five-year deal with the United States Tennis Association.

US tech giants GoDaddy and Uber have made significant investments in the Official Partner tier for the ICC Cricket World Cup.

US logistics brand FedEx signed a four-year multi-tournament sponsorship deal with European football’s governing body Uefa to enhance its visibility in European markets.

Italy’s top-tier clubs are set to lose millions of euros per season in sponsorship revenues from next season due to the government ban on betting advertising, which comes into force next month.