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FirstEnergy and International Soap Box Derby Race into the Future with Title Sponsorship Renewal

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FirstEnergy Corp. (NYSE: FE) has renewed its title sponsorship with The International Soap Box Derby (ISBD) for three years, from 2025-2027. This extension continues a partnership that began in 2012 between the two Akron-based organizations. The announcement came during race week activities for the 86th FirstEnergy All-American Soap Box Derby, featuring over 320 competitors from the US, Canada, and Japan competing for $36,000 in college scholarships.

The World Championship races are scheduled for July 20, 2024, at Derby Downs in Akron, Ohio. FirstEnergy's CEO, Brian Tierney, emphasized the company's commitment to supporting this event that promotes design, engineering, and construction skills while fostering teamwork among youth. ISBD's President, Scott Taylor, praised FirstEnergy's financial and volunteer support, which enables the expansion of derby racing and STEM education programs globally.

FirstEnergy Corp. (NYSE: FE) ha rinnovato il suo patrocinio principale con The International Soap Box Derby (ISBD) per tre anni, dal 2025 al 2027. Questa estensione continua una partnership iniziata nel 2012 tra le due organizzazioni con sede ad Akron. L'annuncio è stato fatto durante le attività della settimana di gara per l'86esimo FirstEnergy All-American Soap Box Derby, che ha visto oltre 320 concorrenti provenienti da Stati Uniti, Canada e Giappone competere per $36,000 in borse di studio universitarie.

Le gare del Campionato del Mondo sono programmate per il 20 luglio 2024, presso il Derby Downs di Akron, Ohio. Il CEO di FirstEnergy, Brian Tierney, ha sottolineato l'impegno dell'azienda nel sostenere questo evento che promuove le competenze di design, ingegneria e costruzione, favorendo al contempo il lavoro di squadra tra i giovani. Il presidente dell'ISBD, Scott Taylor, ha elogiato il supporto finanziario e volontario di FirstEnergy, che consente l'espansione delle gare di derby e dei programmi educativi STEM a livello globale.

FirstEnergy Corp. (NYSE: FE) ha renovado su patrocinio principal con The International Soap Box Derby (ISBD) durante tres años, del 2025 al 2027. Esta extensión continúa una asociación que comenzó en 2012 entre las dos organizaciones basadas en Akron. El anuncio se realizó durante las actividades de la semana de carreras para el 86.º FirstEnergy All-American Soap Box Derby, que presenta a más de 320 competidores de EE. UU., Canadá y Japón que compiten por $36,000 en becas universitarias.

Las carreras del Campeonato Mundial están programadas para el 20 de julio de 2024, en Derby Downs en Akron, Ohio. El CEO de FirstEnergy, Brian Tierney, destacó el compromiso de la empresa en apoyar este evento que promueve las habilidades de diseño, ingeniería y construcción, al tiempo que fomenta el trabajo en equipo entre los jóvenes. El presidente de ISBD, Scott Taylor, elogió el apoyo financiero y voluntario de FirstEnergy, que permite la expansión de las carreras de derby y programas de educación STEM a nivel global.

FirstEnergy Corp. (NYSE: FE)는 국제 비누상자 더비 (ISBD)와의 타이틀 후원을 2025년부터 2027년까지 3년 동안 갱신했습니다. 이 연장은 2012년 두 아크론 기반 조직 간에 시작된 파트너십을 계속합니다. 이번 발표는 제86회 퍼스트에너지 올-아메리칸 비누상자 더비의 레이스 주간 활동 중에 나왔으며, 미국, 캐나다, 일본에서 온 320명 이상의 참가자들이 36,000달러의 대학 장학금을 놓고 경쟁하고 있습니다.

세계 선수권 대회는 2024년 7월 20일 오하이오주 아크론의 더비 다운스에서 개최될 예정입니다. 퍼스트에너지 CEO 브라이언 티어니는 디자인, 엔지니어링, 건설 기술을 촉진하고 청소년 간의 팀워크를 강화하는 이 이벤트를 지원하는 회사의 약속을 강조했습니다. ISBD의 회장 스콧 테일러는 퍼스트에너지의 재정적 및 자원봉사 지원을 높이 평가하며, 이를 통해 전 세계적으로 더비 경주와 STEM 교육 프로그램의 확장이 가능하다고 말했습니다.

FirstEnergy Corp. (NYSE: FE) a renouvelé son parrainage principal avec The International Soap Box Derby (ISBD) pour trois ans, de 2025 à 2027. Cette prolongation continue un partenariat qui a débuté en 2012 entre les deux organisations basées à Akron. L'annonce a été faite lors des activités de la semaine de course pour le 86e FirstEnergy All-American Soap Box Derby, avec plus de 320 concurrents des États-Unis, du Canada et du Japon qui se disputent 36 000 $ en bourses d'études.

Les courses du Championnat du Monde sont prévues pour le 20 juillet 2024, au Derby Downs à Akron, Ohio. Le PDG de FirstEnergy, Brian Tierney, a souligné l'engagement de l'entreprise à soutenir cet événement qui promeut les compétences en conception, ingénierie et construction tout en favorisant le travail d'équipe parmi les jeunes. Le président de l'ISBD, Scott Taylor, a salué le soutien financier et bénévole de FirstEnergy, qui permet l'expansion des courses de derby et des programmes éducatifs STEM à l'échelle mondiale.

FirstEnergy Corp. (NYSE: FE) hat sein Hauptsponsoring mit The International Soap Box Derby (ISBD) für drei Jahre von 2025 bis 2027 erneuert. Diese Verlängerung setzt eine Partnerschaft fort, die 2012 zwischen den beiden in Akron ansässigen Organisationen begann. Die Ankündigung erfolgte während der Rennwoche für die 86. FirstEnergy All-American Soap Box Derby, an der über 320 Teilnehmer aus den USA, Kanada und Japan um 36.000 Dollar an Stipendien für Hochschulen wetteifern.

Die Weltmeisterschaftsrennen sind für den 20. Juli 2024 im Derby Downs in Akron, Ohio, geplant. FirstEnergys CEO Brian Tierney betonte das Engagement des Unternehmens zur Unterstützung dieser Veranstaltung, die Design-, Ingenieur- und Bautechniken fördert und gleichzeitig den Teamgeist unter Jugendlichen stärkt. Der Präsident des ISBD, Scott Taylor, lobte die finanzielle und ehrenamtliche Unterstützung von FirstEnergy, die die Erweiterung des Derby-Rennens und der STEM-Bildungsprogramme weltweit ermöglicht.

Positive
  • Renewed title sponsorship for three years (2025-2027)
  • Continued support for a globally recognized event
  • Promotion of STEM skills and youth engagement
Negative
  • None.

AKRON, Ohio, July 19, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) is extending its title sponsorship with The International Soap Box Derby (ISBD) for three years. Running from 2025-2027, the sponsorship continues a strong relationship between the two Akron-based institutions that began in 2012.

The extension was announced during race week activities surrounding the 86th FirstEnergy All-American Soap Box Derby, as more than 320 competitors from throughout the United States, Canada and Japan geared up to race their gravity-powered cars for a share of $36,000 in college scholarships. The World Championship races will be held Saturday, July 20, at Derby Downs, 1000 George Washington Blvd., Akron, Ohio, 44312.

Brian Tierney, President and CEO, FirstEnergy: "FirstEnergy is proud to continue our sponsorship of this signature event that brings people to Akron from all over the world. For more than 85 years, the All-American Soap Box Derby has illuminated the importance of design, engineering and construction skills while fostering a spirit of teamwork and friendly competition among our youth. With our renewed sponsorship, we are committed to the ongoing success of these electrifying races and a beloved Akron tradition."

Scott Taylor, President and CEO, International Soap Box Derby: "FirstEnergy has been an excellent sponsor of the International Soap Box Derby, providing both financial and volunteer support since 2012. Their continued support enables us to expand our derby racing network and our STEM education programs to new communities worldwide, while enhancing the experience for the racers and spectators here in Akron during this annual, globally recognized event. We are thrilled that FirstEnergy is extending its sponsorship for another three years."

ABOUT FIRSTENERGY

FirstEnergy Corp. is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on X, formerly known as Twitter, @FirstEnergyCorp or online at firstenergycorp.com

ABOUT THE INTERNATIONAL SOAP BOX DERBY

Founded in 1934, the International Soap Box Derby, based in Akron, Ohio, is a nonprofit organization focused on youth sports and STEM education. The organization comprises more than 80 affiliate race locations throughout the United States, Canada and Japan. The ISBD's two primary initiatives are the FirstEnergy All-American Soap Box Derby racing program and the STEM-based Education Program, which provides educational opportunities for K-12 youth worldwide through Soap Box Derby racing. For more information, visit www.soapboxderby.org.

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SOURCE FirstEnergy Corp.

FAQ

When did FirstEnergy (FE) renew its sponsorship with the International Soap Box Derby?

FirstEnergy (FE) announced the renewal of its title sponsorship with the International Soap Box Derby during the race week activities of the 86th FirstEnergy All-American Soap Box Derby in July 2024.

How long is FirstEnergy's (FE) new sponsorship agreement with the Soap Box Derby?

FirstEnergy's (FE) new sponsorship agreement with the International Soap Box Derby is for three years, running from 2025 to 2027.

What is the total scholarship amount offered at the 86th FirstEnergy All-American Soap Box Derby?

The 86th FirstEnergy All-American Soap Box Derby offers a total of $36,000 in college scholarships to competitors.

When and where will the World Championship races for the 86th FirstEnergy All-American Soap Box Derby be held?

The World Championship races for the 86th FirstEnergy All-American Soap Box Derby will be held on Saturday, July 20, 2024, at Derby Downs in Akron, Ohio.

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