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The Daily Insight

Who is buying Speedway?

Author

Sarah Duran

Published Mar 11, 2026

On Aug. 2, Marathon Petroleum Corp. (MPC) announced it inked a deal to sell the 3,900-store Speedway chain to Irving, Texas-based 7-Eleven Inc.’s parent company, Seven & i Holdings Co. Ltd.

Did 7/11 Buy a plus?

On January 23, 2018, Dallas, Texas-based 7-Eleven bought 1,030 APlus convenience stores located in 17 states. The acquisition, which is the largest in the company’s history, brings the total number of stores to approximately 9,700 in the U.S. and Canada.

Is Speedway changing to 711?

7-Eleven completes Speedway acquisition of 3,800 convenience stores. Convenience retail giant 7-Eleven Inc. on Friday announced the successful completion of its acquisition of Speedway, the convenience store arm of Marathon Petroleum Corp.) with approximately 3,800 stores located in 36 states across the United States.

Is Speedway turning into 711?

What is the stock symbol for 7 11?

SVNDF
SVNDF Stock Price | Seven & I Holdings Co. Ltd.

Is Speedway a franchise?

Speedway is an American convenience store and gas station chain headquartered in Enon, Ohio, with locations primarily in the Midwest and the East Coast regions of the United States wholly owned by 7-Eleven….Speedway (store)

TypeSubsidiary
Website

Where did Speedway gas station start?

Michigan
Speedway started as Speedway 79, the name of a gasoline chain based in Michigan for much of the first half of the 20th century. In 1959, Marathon, then known as the Ohio Oil Company, purchased the chain and in 1962 converted its outlets to the Marathon brand.

What oil company does 7/11 use?

Tower Energy Group
Tower Energy Group, based in Torrance, Calif., currently supplies 25,000 barrels a day to nearly 800 7-Eleven stores — both company-owned and franchised — according to Tim Rogers, Tower’s president and CEO.