Speedway (store)
Speedway is an American convenience store and fuel station chain headquartered in Enon, Ohio, with locations primarily in the Midwest and the East Coast regions of the United States (however there are many located in the southwestern US) 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. It is the largest convenience store chain in central Ohio.
| Company type | Subsidiary |
|---|---|
| Industry | Retail (convenience store) |
| Founded | 1952 (1st incarnation) 1976 (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. |
| Headquarters | 500 Speedway Drive Enon, Ohio, U.S. |
Number of locations | 3,923 (December 31st, 2018) |
Key people | Tim Griffith, President |
| Revenue | $23.55 billion (2018) |
| $1,028 million (2018) | |
| Owner | Seven & I Holdings |
Number of employees | 40,230 (2018) |
| Parent | Marathon Oil (1959–2011) Marathon Petroleum (2011–2021) 7-Eleven (2021–present) |
| Website | www.speedway.com |
On August 2, 2020, Marathon announced that Seven & i Holdings Co., Ltd. would be acquiring Speedway for $21 billion. The deal closed on May 14, 2021.
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