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| Company type | Subsidiary |
|---|---|
| Industry | Retail (convenience store) |
| Founded | 1952 (1st incarnation) 1975 (2nd incarnation as brand) July 18, 1997 (as subsidiary) |
| Defunct | 1962 (1st incarnation) May 14, 2021 (as subsidiary, brand name continues in use) |
| Fate | Acquired by 7-Eleven, brand name continues to be used.[1] |
| Headquarters | 3200 Hackberry Road, Irving, Texas, United States[2] |
Number of locations | 3,923 (December 31st, 2018)[3] |
| Revenue | $23.55 billion (2018)[3] |
| $1,028 million (2018)[3] | |
| Owner | Seven & I Holdings |
Number of employees | 40,230 (2018)[3] |
| Parent | Marathon Oil (1959–2011) Marathon Petroleum (2011–2021) 7-Eleven (2021–present) |
| Website | www.speedway.com |
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Speedway is an American convenience store and fuel station chain headquartered in Irving, Texas,[2] with locations primarily in the Midwest, East Coast, and Southwestern regions of the United States wholly owned and operated by 7-Eleven. Speedway stations are located in 36 states, up significantly from its core seven-state region in the Midwest since 2012. Prior to 2021, the company was a wholly owned subsidiary of the Marathon Petroleum Corporation and headquartered in Enon, Ohio. It is the largest convenience store chain in central Ohio.[4]
On August 2, 2020, Marathon announced that Seven & i Holdings Co., Ltd. would be acquiring Speedway for $21 billion.[5][6][7][8] The deal closed on May 14, 2021.[1]
- ^ a b "Marathon Petroleum & 7-Eleven Close Speedway Acquisition".
- ^ a b https://www.daytondailynews.com/local/speedway-staff-cut-at-former-corporate-office-after-7-eleven-acquisition/5YZMGY56H5COXLMLPBASCDANIA/
- ^ a b c d "Marathon Petroleum Corporation Annual Report 2018" (PDF). Archived from the original (PDF) on May 12, 2019.
- ^ Dan Gearino. "Family-owned company gobbles up BP stores". The Columbus Dispatch. Archived from the original on September 17, 2010. Retrieved March 24, 2016.
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