RaceTrac

RaceTrac, Inc. is an American corporation that operates a chain of gasoline service stations across the Southern United States. In 2023, Forbes ranked RaceTrac as the 18th largest private company in the United States with a yearly revenue of US$19.72 billion. Carl Bolch Sr. founded the company 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 to Atlanta, Georgia in 1976. In 1979, all company-operated stores adopted the RaceTrac brand, and all contractor-operated stores took on the RaceWay brand. In 1996, RaceTrac founded Metroplex Energy, a wholly owned subsidiary of RaceTrac, Inc. and a wholesale fuel supplying company that secures bulk fuel to supply RaceTrac and RaceWay stores and other third-party companies. On December 31, 2012, Carl Bolch Jr. transitioned the CEO title to his daughter, Allison Bolch Moran. During that time, Bolch Jr. maintained his executive chairman position.