RaceTrac Petroleum Net Worth is9.06 $Billion
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RaceTrac Petroleum, Inc., is a corporation that operates a chain of gasoline stations and convenience stores across the Southern United States. The firm is Georgiaa??s third largest private company, with sales of $8 billion in 2009.
The company was founded by Carl Bolch Sr. in 1934 in St. Louis, Missouri, with his first stores operating under the name Carl Bolch Trackside Stations. In 1959, Bolch relocated and acquired the Oil Well Company of Opp, Alabama, which consisted of numerous independent outlets across rural Alabama.
His son, Carl Bolch Jr., who succeeded his father as chief executive, joined the company in Montgomery, Alabama in 1967. After pioneering the concept of self-service gasoline in Alabama, Florida, and Georgia, the company relocated its headquarters in 1976 to Atlanta, Georgia, and adopted the brand a??RaceTraca?? for its company-operated stations. RaceWay stations, operated by contractors, continue as a part of RaceTrac Petroleum.
In the 1990s RaceTrac operated as a cash-only business, but it now accepts credit, debit cards and fleet cards.
In October 2012, Carl Bolch Jr. announced he would be passing the CEO title to his daughter, Alison Moran, while remaining Chairman of the Board. The change will go into effect January, 1 2013.
RaceTrac Petroleum, Inc. operates more than 590 retail gasoline convenience stores in 12 southeastern states under the RaceTrac (company-operated) and RaceWay (Contract Operator-operated) names. Most RaceTracs feature 20 to 24 fueling positions and a 5000+ sq. ft. convenience store offering over 4,000 items.
RaceTrac can be found in Florida, Georgia, Louisiana, Texas, and Mississippi. There are over 300 RaceWay-branded locations in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North and South Carolina, Tennessee, Texas, and Virginia.
In January 2009, RaceTrac paid for the fuel for a trip taken by the Blue Eagles, a 95-member marching band from South Cobb High School in Auste

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RaceTrac Petroleum Latest News

Rome technology used at SunTrust Park

He plans to convert it to a sports bar and grill over the next 30 days. RaceTrac Petroleum Inc. has filed application for signage at 3006 Martha Berry Highway, the intersection of Martha berry Highway and the Armuchee Connector. The Life Church is ...
Posted: August 6, 2017, 9:48 pm

Some Gas With That Sandwich? Convenience Dominates Fuel Market

“You can’t just have good gas prices,” said Billy Milam, president of RaceTrac Petroleum Inc., a Georgia-based convenience-store chain with about 450 outlets across the U.S. South, whose stores now offer Wi-Fi and other perks. “Back 20 ...
Posted: August 18, 2017, 3:00 am

RaceTrac proposal fuels controversy in Mandeville

A plan by RaceTrac Petroleum, Inc., to build a gas station and convenience store on about 1.5 acres near the western edge of Mandeville has revved up opposition among area residents who object to the removal of several live oak trees on the site.
Posted: August 16, 2017, 5:04 am

Racetrac Petroleum Benefits

Racetrac Petroleum offers some pension plans and perks. Many members of the American workforce, like Racetrac Petroleum employees, use health plans funded by their employer, through which businesses typically cover a significant portion of their employees ...
Posted: August 7, 2017, 5:00 pm

Meet the 2017 TWIC Mentors

Sandy O'Donnell Professional Development Consultant, RaceTrac Petroleum Inc. O'Donnell is the most-tenured member of RaceTrac's Talent, Learning and Development Team, working nine years at the company. She's supported several new leader transitions with a ...
Posted: August 11, 2017, 7:58 am
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