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By those times, two companies, one on the East Coast and another on the West (founded in 1908 and 1913, respectively) started to market their motor oils under the brand Pennzoil. Their refineries and distributors were later incorporated as "The Pennzoil Company" in 1925. [1] In 1955, South Penn Oil acquired complete ownership of Pennzoil Co. [1]
The 2021 Pennzoil 400 presented by Jiffy Lube was a NASCAR Cup Series race held on March 7, 2021 at Las Vegas Motor Speedway in Las Vegas.Contested over 267 laps on the 1.5 mi (2.4 km) asphalt intermediate speedway, it was the fourth race of the 2021 NASCAR Cup Series season.
The Pennzoil 400 presented by Jiffy Lube is a NASCAR Cup Series stock car race held annually at Las Vegas Motor Speedway in Las Vegas, Nevada. It is the first of two races at Las Vegas with the other one being the South Point 400 in the playoffs .
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The Pennzoil 250 is a NASCAR Xfinity Series auto race held at the Indianapolis Motor Speedway since 2012. It takes place the Saturday of Kroger Super Weekend . [ 2 ] [ 3 ] This race replaced the Kroger 200 , which had been held at the nearby Lucas Oil Raceway at Indianapolis , formerly known as Indianapolis Raceway Park, for the previous 30 years.
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[4] On November 19, 1985, in the case of Texaco, Inc. v. Pennzoil, Co. , Pennzoil won a US$10.53 billion verdict against Texaco in the largest civil verdict in U.S. history as a result of the violation of the binding agreement. [ 5 ]
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
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