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In 1991, it became a subsidiary of Pennzoil. [9] Following the merger of Pennzoil and Quaker State in 1998, the 581 Q Lube stores were merged into the Jiffy Lube brand, then possessing 1,541 stores, with overlapping operations being closed down. [9] Pennzoil-Quaker State was ultimately purchased by Shell Oil Company in 2002. [10]
Pennzoil was the title sponsor of the Grand Prix of Houston in 2013. Pennzoil also has been the official motor oil of German-American GTLM team BMW Team Rahal Letterman Lanigan Racing since 2015 season and also American Formula One team Haas F1 Team since 2016 season.
Former logo used until 2013 Team Penske No. 2 hauler set for parade down Las Vegas Strip – 2015. Team Penske (formerly Penske Racing) is an American professional auto racing organization, competing in the IndyCar Series, NASCAR Cup Series, IMSA SportsCar Championship and FIA World Endurance Championship.
After one year, Kosilla purchased a car wash in Harrison, New York and renamed it The New York Motor Club. [3] He and his business partner started a driving club of the same name based out of the car wash. Kosilla would rent a helicopter to film his first YouTube video which followed the motor club on a drive around NY. [2]
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Valvoline completed an initial public offering on the New York Stock Exchange on September 22, 2016, [10] ahead of Ashland spinning off Valvoline as an independent company on May 5, 2017. [1] On August 1, 2022, Saudi Aramco announced the acquisition of Valvoline's lubricant unit for US$2.65 billion. [11] [12]
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