Is Sunoco’s Return as Ganassi’s INDYCAR Partner Reshaping the Investment Case For Sunoco (SUN)?

• Sunoco has agreed a multi-year deal to return as a full-time primary partner in the NTT INDYCAR SERIES with Chip Ganassi Racing’s No. 8 Honda, driven by Kyffin Simpson, beginning in 2026, marking its first full-season primary partnership in the series since 1973.
• This renewed presence in top-tier open-wheel racing, alongside one of INDYCAR’s most successful teams, underscores Sunoco’s push to amplify its motorsports brand and highlight its high-performance fuel capabilities across more than 500 tracks and over 50 racing series.
• Next, we’ll explore how Sunoco’s new full-season INDYCAR partnership with Chip Ganassi Racing could influence its long-term investment narrative.

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Sunoco Investment Narrative Recap

To own Sunoco, you generally need to believe its fuel distribution scale and brand can offset long term structural headwinds in gasoline demand and electrification. The new full season INDYCAR partnership looks more like a marketing and brand investment than a material near term catalyst, and it does not change the core risk that Sunoco remains heavily exposed to petroleum based fuels and potential volume pressure if US gasoline demand continues to flatten or decline.

The most relevant recent announcement alongside this motorsports deal is Sunoco’s ongoing pattern of quarterly distribution increases, with the Q3 2025 payout raised to US$0.9202 per unit. For income focused holders, this reinforces that management is still prioritizing cash returns to unitholders even as leverage, acquisition integration and structurally challenged fuel volumes remain key swing factors for the story.

But investors should also be aware that Sunoco’s dependence on fossil fuel demand leaves it exposed if policy or technology shifts accelerate...

Read the full narrative on Sunoco (it's free!)

Sunoco's narrative projects $26.7 billion revenue and $1.6 billion earnings by 2028.

Uncover how Sunoco's forecasts yield a $64.71 fair value, a 20% upside to its current price.

Exploring Other Perspectives

Five Simply Wall St Community fair value estimates for Sunoco span from US$32.51 to US$3,444.12 per unit, showing just how far apart individual views can be. When opinions differ this much, it is worth weighing Sunoco’s concentration in traditional fuel distribution and the long term risk that flat or falling gasoline demand could pressure both volumes and margins over time.

Explore 5 other fair value estimates on Sunoco - why the stock might be worth 40% less than the current price!

Build Your Own Sunoco Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Sunoco research is our analysis highlighting 2 key rewards and 4 important warning signs that could impact your investment decision.
• Our free Sunoco research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Sunoco's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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