Suburban Propane strikes partnership deal with NASCAR, Speedway Motorsports

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.