Suburban Propane Partners, L.P. (NYSE:SPH) has become the Official Propane of NASCAR and Speedway Motorsports through a multi-year partnership.
Speedway Motorsports owns 10 tracks that host NASCAR races, including Dover Motor Speedway.
Suburban Propane is a Whippany, NJ-based nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil, and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives,
As the Official Propane of NASCAR, Suburban Propane will provide the propane for the new, propane-powered track dryers that NASCAR will add to its fleet starting this season. These dryers are used alongside NASCAR’s Air Tundras, as well as traditional jet dryers utilized for drying the racetrack. As part of the partnership, Suburban Propane will provide on-site services for campers at each track property during NASCAR event weekends, and propane for in-stadium concessions.
Peter Osborne has more than 15 years of experience as an award-winning business reporter and editor, leading two papers (the Delaware Business Times and Dallas Business Journal) to recognition as the nation’s most improved business publications. Osborne also helped launch The News Journal’s now-defunct Business Monday section and worked in communications and business development for MBNA America and Bank of America.
Source: delawarelive.com…
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