The
Valero Texas Open is a professional
golf tournament on the
PGA Tour, played near
San Antonio. It dates back to 1922, when it was first called the
Texas Open; San Antonio-based
Valero Energy Corporation took over naming rights in 2002. It is played at The Oaks Course at the
TPC San Antonio, northeast of the city. The Valero Energy Foundation is the host organization for the Valero Texas Open. Since 2013, the event has been managed by Greg Norman Production Company, a division of Great White Shark Enterprises. In
2003, it was the site of the 72-hole PGA Tour scoring record of 254, shot by
Tommy Armour III. Many big-name players have won this tournament, including
Sam Snead,
Ben Hogan, and
Arnold Palmer, who won it three years in a row. It has always been considered a tournament where it is relatively easy to shoot low scores. Since 1934, every tournament winner has finished with a score under-par.