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About 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.

Geographic Reach

Atlanta-based RaceTrac Petroleum operates stores in Alabama, Florida, Georgia, Louisiana, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, and Texas.

Financial Performance

One of the largest private companies in the US, Racetrac Petroleum's stores rang up more than $9 billion in sales in 2012.

Strategy

RaceTrac prefers to build its own stores from the ground up rather than grow through acquisitions. Indeed, in the past 16 years the company has only bought one store.Recently, RaceTrac has been increasing the number of independently-operated RaceWay stores in its portfolio. (While the RaceWay stores are operated by independent contractors, RaceTrac stills owns and controls the gasoline business and real estate.) It has also consolidated its company-operated stores into four key markets: Atlanta, Dallas, Florida, and Louisiana. In 2014 the chain is building new stores in key markets, such as Florida, and adding services. In 2013 it partnered with Fifth Third Bancorp to install ATMs at 225 RaceTrac convenience stores in Georgia and Florida.

RaceTrac Petroleum got a new leader, Allison Moran, in 2013. Moran, who led the RaceTrac company-operated stores division before her promotion to CEO, succeeded Carl Bloch Jr. (who retained the chairman's title). Moran is Bloch's eldest daughter.

In 2015, RaceTrac sold five retail operations in Florida to Town Star Holdings, an affiliate of Junonia Capital LLC. Four of the convenience stores are in the Orlando area with the other in Jacksonville.

Racetrac Petroleum, Inc.

200 Galleria Pkwy SE STE 900
Atlanta, GA 30339-5945
Phone: 1 (770) 850-3491

Firm Stats

Employer Type: Privately Owned
Chairman: Carl E. Bolch
Chief Supply Officer and Interim CFO: Max McBrayer
President: Billy Milam
Employees (This Location): 344
Employees (All Locations): 3,479

Major Office Locations

Atlanta, GA

Other Locations

Bessemer, AL
Birmingham, AL
Mobile, AL
Opelika, AL
Piedmont, AL
Prattville, AL
Slocomb, AL
Texarkana, AR
Altamonte Springs, FL
Apopka, FL
Bartow, FL
Belleview, FL
Bonita Springs, FL
Bradenton, FL
Brandon, FL
Brooksville, FL
Cape Canaveral, FL
Cape Coral, FL
Clearwater, FL
Clermont, FL
Crystal River, FL
Cutler Bay, FL
Davie, FL
Daytona Beach, FL
Deland, FL
Deltona, FL
Fort Lauderdale, FL
Fort Myers, FL
Hollywood, FL
Homestead, FL
Homosassa, FL
Hudson, FL
Inverness, FL
Jacksonville, FL
Kissimmee, FL
Lakeland, FL
Lake Park, FL
Lake Wales, FL
Land O Lakes, FL
Largo, FL
Lauderdale Lakes, FL
Leesburg, FL
Macclenny, FL
Melbourne, FL
Merritt Island, FL
Miami Gardens, FL
Middleburg, FL
Naples, FL
New Port Richey, FL
Nokomis, FL
North Lauderdale, FL
Ocala, FL
Okeechobee, FL
Opa Locka, FL
Orange City, FL
Orange Park, FL
Orlando, FL
Ormond Beach, FL
Oviedo, FL
Palm Bay, FL
Palm Coast, FL
Palmetto, FL
Pensacola, FL
Pinellas Park, FL
Plant City, FL
Port Charlotte, FL
Port Richey, FL
Port Saint Lucie, FL
Punta Gorda, FL
Riviera Beach, FL
Ruskin, FL
Saint Petersburg, FL
Sanford, FL
Sarasota, FL
Seffner, FL
Spring Hill, FL
Stuart, FL
Tampa, FL
Venice, FL
West Palm Beach, FL
Winter Haven, FL
Winter Park, FL
Acworth, GA
Alpharetta, GA
Athens, GA
Atlanta, GA
Augusta, GA
Austell, GA
Bogart, GA
Brunswick, GA
Buford, GA
Canton, GA
Carrollton, GA
Cartersville, GA
Clayton, GA
College Park, GA
Cornelia, GA
Cumming, GA
Dalton, GA
Douglasville, GA
Duluth, GA
East Point, GA
Gainesville, GA
Hiram, GA
Hoschton, GA
Jasper, GA
Jefferson, GA
Jonesboro, GA
Kennesaw, GA
Lagrange, GA
Lawrenceville, GA
Lithia Springs, GA
Lithonia, GA
Mableton, GA
Marietta, GA
Mcdonough, GA
Newnan, GA
Norcross, GA
Oakwood, GA
Orlando, GA
Ringgold, GA
Rome, GA
Roswell, GA
Sarasota, GA
Snellville, GA
Toccoa, GA
Tucker, GA
Union City, GA
Villa Rica, GA
Watkinsville, GA
Waycross, GA
Woodstock, GA
Amite, LA
Baton Rouge, LA
Boutte, LA
Chalmette, LA
Covington, LA
Crowley, LA
Denham Springs, LA
Eunice, LA
Gretna, LA
Hammond, LA
Lafayette, LA
La Place, LA
New Orleans, LA
Opelousas, LA
Port Allen, LA
Saint Rose, LA
Scott, LA
Shreveport, LA
Slidell, LA
Hickory, NC
High Point, NC
Tarboro, NC
Aiken, SC
Greenville, SC
Piedmont, SC
West Columbia, SC
Chattanooga, TN
Dyersburg, TN
Hixson, TN
Manchester, TN
Millington, TN
Addison, TX
Allen, TX
Arlington, TX
Azle, TX
Baytown, TX
Beaumont, TX
Benbrook, TX
Burleson, TX
Carrollton, TX
Dallas, TX
Dayton, TX
Denton, TX
Duncanville, TX
Euless, TX
Flower Mound, TX
Fort Worth, TX
Frisco, TX
Galveston, TX
Garland, TX
Granbury, TX
Grand Prairie, TX
Grapevine, TX
Greenville, TX
Haltom City, TX
Houston, TX
Hudson Oaks, TX
Irving, TX
Katy, TX
Keller, TX
Lewisville, TX
Lindale, TX
Mansfield, TX
Mckinney, TX
Mesquite, TX
Murphy, TX
Nederland, TX
North Richland Hills, TX
Pearland, TX
Plano, TX
Port Arthur, TX
Red Oak, TX
Watauga, TX
Waxahachie, TX
Webster, TX
Wylie, TX
Hampton, VA
North Chesterfield, VA
South Hill, VA
Tappahannock, VA