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In 1986, Union Carbide's auto products, which included Prestone and Simoniz, were subject to a leveraged buyout. The resulting company, First Brands, was purchased by Clorox in 1998. In the fall of 2006, STP fuel additives began being used in Marathon gasolines, likely to compete with Chevron's Techron additive. [4]
Automotive Products, commonly abbreviated to AP, was an automotive industry components company set up in 1920 by Edward Boughton, Willie Emmott and Denis Brock, to import and sell American-made components to service the fleet of ex-military trucks left behind in Europe after World War I.
In 1956, they formed American Racing Equipment. [4] American Racing Equipment was the first in the industry to introduce a line of wheels with a Teflon coating. Through comprehensive testing, the company has demonstrated that Teflon finish considerably enhances the wheels' resistance to common contaminants such as brake dust, dirt, road film ...
Andy Granatelli at the 2011 Indianapolis 500. Anthony "Andy" Granatelli (March 18, 1923 – December 29, 2013) was an American businessman, most prominent as the CEO of STP as well as a major figure in automobile racing events.
By the 1890s, Valvoline oil was associated with winning race cars. [8] During the early 20th century, Valvoline was the recommended motor oil for the Ford Model T. [4] In 1949, Ashland Inc. purchased the Freedom-Valvoline Company. [9] By 2016, Ashland's Valvoline subsidiary accounted for about 37% of the parent company's annual revenue. [4]
Richard D. “Dick” Moroso, (1939-November 7, 1998) was an American hot rodder, drag racer, and businessman. [1] Moroso was born in New Rochelle, New York and grew up in Old Greenwich, Connecticut. He started selling speed parts out of his family's basement in the early 1960s under the name Speed Associates.
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