Racetrac Petroleum, Inc.
RaceTrac Petroleum hopes it's a popular pit stop for gasoline and snacks in the South. The company operates more than 600 gas stations and convenience stores in 10 southern US states under the RaceTrac and RaceWay names. (RaceWay stores are operated by independent contractors.) The chain plans to grow by expanding its store count by about 10% a year. Carl Bolch founded RaceTrac in Missouri in 1934. His son, chairman Carl Bolch Jr., moved the company into high-volume gas stations with long, self-service islands that can serve as many as two dozen vehicles at one time. RaceTrac's convenience stores sell fresh deli food and offer some fast-food fare. The Bolch family owns and runs the company.
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