Speedway named race sponsor in multi-year deal


Hulman and Company announced a multiyear agreement today with Speedway LLC, making the national convenience store chain the Official Fuel and Official Convenience Store of INDYCAR, the IndyCar Series, Indianapolis Motor Speedway and the Indianapolis 500 beginning in 2019, according to information from INDYCAR, the governing body of the IndyCar Series.

Speedway is the nation’s second largest company-owned and-operated convenience store chain with nearly 4,000 locations across the United States. Speedway is a significant employer in the area headquartered in Enon. The chain has locations in 35 states. The IndyCar Series will conduct 11 races in those states in 2019.

This news organization reported Monday that Speedway will add 300 new jobs at its Enon headquarters as part of a $48 million expansion.

“Speedway has a large national footprint along with the desire to establish a partnership with the IndyCar Series and its many events reaching millions of consumers,” said Mark Miles, CEO of Hulman and Company, in a news release.

Hulman and Company owns INDYCAR and Indianapolis Motor Speedway.

As the Official Fuel for INDYCAR, Speedway will provide the fuel powering every car at every race in the IndyCar Series, according to information from Hulman and Company. The series’ 2019 schedule features 17 races, beginning with the Firestone Grand Prix of St. Petersburg, Fla., on March 10 and concluding with the INDYCAR Grand Prix of Monterey, Calif., on Sept. 22. The schedule is anchored by the 103rd Running of the Indianapolis 500 at Indianapolis Motor Speedway on May 26.

The agreement also calls for Speedway signage to be placed at Indianapolis Motor Speedway, and Speedway media assets within NBC Sports’ exclusive coverage of the IndyCar Series starting in 2019. Speedway fuel also will power Hulman & Company’s fleet of trucks and IMS equipment.

“We are excited about this partnership with INDYCAR and Indianapolis Motor Speedway,” said Tony Kenney, president of Speedway in a news release. “The Indianapolis 500 itself is one of the premier events in the world of motorsports, and Speedway has a strong brand presence in the INDYCAR race markets, so our relationship will be very complementary. The IndyCar Series is a great way to showcase Speedway’s brand and quality fuel offerings, including the fuel that will power the race cars at each event.”

MORE: 

Speedway considering $48 million expansion in Enon

FTC requires Marathon to sell stores to avoid antitrust problems

Marathon closed $23B deal with Texas refining firm

Marathon acquisition could close in early October



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