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

Ocala planning staff recommends denial of RaceTrac request

City of Ocala planning staff are recommending that the city’s Board of Adjustment deny RaceTrac Petroleum’s request to build a self-service gasoline station and convenience store at the intersection of South Pine Avenue and West Silver Springs Boulevard.
Posted: December 14, 2016, 10:25 pm

Business and consumers will both lose if renewable fuel standard is changed

My perspective comes from over 30 years in the fuels business. Currently, I am chief supply officer of RaceTrac Petroleum, a fuel retailer and operator of more than 700 convenience stores from Texas to Virginia. I am also the president of Metroplex Energy ...
Posted: May 5, 2017, 11:00 am

RaceTrac superstores popping up all over Jacksonville area

Officials at Gate Petroleum, also based in Jacksonville, did not return phone calls. Elzey said RaceTrac designs its stores with an eye toward making it easy for customers to find an available pump. "Everyone hates to go into a jammed-up lot," she said.
Posted: June 21, 2011, 5:00 pm
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