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A Swirl World frozen yogurt bar inside a RaceTrac. The company has been ranked on Forbes magazine's list of largest private companies every year since 1998. [11]In October 2009, Convenience Store News named Carl Bolch Jr., then executive chairman and CEO, the 2009 Retailer of the Year for "pioneering forecourt retailing in the Southeast and making an indelible mark on the convenience industry ...
Elf Aquitaine lost over US$150 million in the 1979 Great Oil Sniffer Hoax to develop a new "gravity wave-based oil detection system", which was later revealed to be a scam. In 1981, Elf Aquitaine bought Texasgulf for $3 billion, despite a request by the US government to postpone the merger for time to study the implications.
Lucas Oil owns or sponsors motorsports race teams, events and series at all levels, including NASCAR, INDYCAR, NHRA, IHRA, POWRi, ASCS, WAR and MLRA. [13] Lucas Oil also owns and operates many high-profile racing series, including Lucas Oil Off Road Racing Series, Monster Jam, Lucas Oil Drag Boat Series, Lucas Oil Pro Pulling League, Lucas Oil Late Model Dirt Series, Lucas Oil Modified Series ...
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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] In 2010, Clorox sold Armor All and STP to Avista Capital Partners. It named the business Armored AutoGroup.
The company was founded in 1986 by John Williams, a synthetic oil developer and later consultant. Due to a customer who said he had never seen purple oil, Williams named the product Royal Purple. [6] Producing synthetic oil using its own additives, [7] the company grew and in 2004 completed a 125,000 square foot production facility in Porter ...
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]
Speedway Motorsports, LLC is an American company that owns and manages auto racing facilities that host races sanctioned by NASCAR, NHRA, World of Outlaws and other racing series. The company was founded by Bruton Smith and has its headquarters at Charlotte Motor Speedway, in Concord, North Carolina, just north of Charlotte.