The Hawke's Bay Regional Sports Park's name is set to change.
The rights have been awarded to the Ricketts family, who own both the Hastings and Napier Mitre 10s, with the park now to be known as Mitre 10 Park.
Sports Park chairman Rex Graham described the arrangement as a milestone for the park.
"The Ricketts family have been doing business in Hawke's Bay since 1961 and for the last 44 years it's been under the Mitre 10 brand."
He said he also wanted to acknowledge the Smith family from Pak'nSave Hastings and Higgins contracting.