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> Colgate in the early ’70s purchased Bancroft, a longstanding racquet manufacturer, as well as Mission Hills Country Club, a venue located in the Palm Springs area...it was the first home for the ATP men’s event that is now played at Indian Wells.

I enjoy tennis but even I'm a bit surprised to see this on page 1 of HN but there is a tech "connection". Larry Ellison purchased the Indian Wells Tennis Garden tennis facility and the Indian Wells Masters tournament[1]. I believe it was an individual purchase and not under Oracle though.

[1] https://en.wikipedia.org/wiki/Larry_Ellison