As expected, Wells Fargo puts its name on Quail Hollow Championship

rory mcilroy
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By earning his breakthrough PGA Tour victory at Quail Hollow earlier this year, he will be the defending champion at the newly renamed Wells Fargo Championship in Charlotte, N.C.
By
Associated Press

Series:

Published: Tuesday, August 03, 2010 | 9:02 p.m.

Charlotte's PGA Tour event at Quail Hollow Club is getting another name.

Title sponsor Wells Fargo & Co. announced Tuesday it's putting its name on the tournament again, so the event will be renamed the Wells Fargo Championship. It had been called the Quail Hollow Championship the past two years.

The tournament had been the Wachovia Championship since its inception in 2003. When Wells Fargo bought Wachovia in 2008 at the beginning of the financial crisis, it decided to take the bank's name off the tournament even though it was honoring the sponsorship deal through 2014. The decision stemmed from criticism financial institutions were receiving during the federal bailouts.