2024 Charles Schwab Challenge Champion’s Prize Revealed as a 1975 Schwab Stingray

Today, almost five decades since "May Day," a pivotal moment in the history of Wall Street and Schwab when brokerage firms were first allowed to set their own commission rates, Schwab unveiled this year’s one-of-a-kind Champion’s Prize, a fully restored and modernized 1975 Schwab Stingray. The company also announced several new and returning programming elements for the upcoming 2024 Charles Schwab Challenge PGA TOUR event, which is set for Memorial Day Weekend, May 23-26, in Fort Worth, Texas.

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The winner of the 2024 Charles Schwab Challenge will drive off in a fully restored 1975 Schwab Stingray - along with Colonial’s Leonard Trophy and Scottish Royal Tartan Plaid jacket. (Photo courtesy of Schwab)

“This year’s Champion’s Prize pays homage to 1975, the year that helped reshape Wall Street, when regulated stock trading commissions came to an end and Chuck Schwab opened the doors to investing wider for individuals by reducing commissions. Chuck’s foresight ushered in a new era, making investing more accessible,” said Stacy Hammond, Managing Director and Chief Marketing Officer of Charles Schwab.

“We are proud to be the title sponsor of this storied tournament in our company’s home in the Dallas-Fort Worth Metroplex and to continue to redefine what a Champion’s Prize can be – just like how Schwab redefined our industry, nearly 50 years ago on May Day.”

Honoring this year’s Champion with a 1975 Schwab Stingray

The winner of the Charles Schwab Challenge will drive off with an exclusive Champion’s Prize – the 1975 Schwab Stingray – along with Colonial’s Leonard Trophy and Scottish Royal Tartan Plaid jacket.

Customized by County Corvette out of West Chester, Pa., the 1975 Schwab Stingray is fully restored, modernized and loaded with cutting-edge technology as a symbol of the firm’s commitment to innovation in service of its clients.

The 1975 Schwab Stingray features a:

• One-off 1975 body and custom LT1 hood
• Modern GM LS3 V-8 motor generating more than 450 horsepower
• GM 6L90 6-speed automatic transmission
• One-of-a-kind Schwab badging on the trunk of the car
• Custom console featuring an engraved champion’s nameplate
• Hand-stitched interior upholstery with the Colonial’s signature Tartan Plaid trim

This 2024 Champion’s Prize continues the tradition that began five years ago in 2019 with the fully renovated and customized 1973 Schwab Challenger, then the 1946 Schwab Power Wagon in 2021, the 1979 Schwab Firebird in 2022, and most recently the 1973 Schwab Bronco which was won by 2023 Charles Schwab Challenge Champion, Emiliano Grillo.