Speedway is an American convenience store and fuel station chain headquartered in Irving, Texas,[2] with locations primarily in the Midwest, East Coast, and Southwestern regions of the United States wholly owned and operated by 7-Eleven.

Prior to 2021, the company was a wholly owned subsidiary of the Marathon Petroleum Corporation and headquartered in Enon, Ohio.

Part of this expansion was through the acquisition of various other smaller regional fuel station chains, including GasAmerica, Starvin' Marvin, Gastown, Wake Up, Bonded, United, Cheker, Port, Ecol, and Value.

Marathon sold SuperAmerica to Northern Tier Energy, a newly formed company backed by the private equity firms ACON Investments and TPG Capital, in February 2011.

On February 13, 2012, it was announced that a deal had been reached with Indiana and Ohio convenience store chain GasAmerica to acquire all 88 of its locations.

[22] Speedway also acquired all trademarks, trade dress and intellectual property from GasAmerica[23] and included several parcels of undeveloped real estate for future development.

[24] On June 5, 2012, it was reported that Speedway LLC signed a deal with the convenience store chain Road Ranger.

The deal gave Speedway nine Road Ranger stores in Kentucky, and one in Ohio, in exchange for cash and a truck stop in the Chicago metropolitan area.

[25] Rockford, Illinois–based Road Ranger operates approximately 80 truck stop and fuel convenience store locations in seven Midwestern states.

On April 30, 2018, Marathon agreed to buy Andeavor, an independent refinery and oil company based in the Western United States, for $23 billion.

[27][28] The merger also brought the Speedway brand to California, Utah and the American Southwest for the first time, becoming a coast-to-coast chain.

[29] Speedway and MPC closed on the acquisition of Express Mart in November 2018, after being required by the FTC to divest of five stores.

Rich Oil was a discount brand offered by Ashland and initially was retained following their acquisition of SuperAmerica strictly to keep the trademark valid.

Following the creation of Marathon Ashland Petroleum, Rich was selected for lower-volume stores that basically fit the profile of the original concept of Speedway 79.

These stores typically only sold tobacco, snacks, and drinks inside and do not participate in the Speedy Rewards program.

[42][32] In February 2020, it was reported that Seven & i Holdings Co., Ltd., the parent company of convenience store chain 7-Eleven, planned to buy Speedway for $22 billion.

[43] However, due to investor concerns that the offer was too high, as well as the potential impact the COVID-19 pandemic would have on the economy, the company abandoned the idea the following month.

In March 2022, Speedway began replacing its roller grill items such as Tornados and egg rolls with 7-Eleven's proprietary Big Bite products such as large hot dogs, cheeseburger links, and taquitos.

Throughout 2022, Speedway locations that had Speedway's own Speedy Café quick service restaurant concept had their café's gradually replaced by 7-Eleven's own concepts, either Raise the Roost Chicken & Biscuits or Laredo Taco Company, the latter of which was acquired when 7-Eleven purchased Stripes Convenience Stores.

[51] A corporate partner of Children's Miracle Network Hospitals since 1991, Speedway has raised more than $100 million over the past 26 years for the charity through a variety of fundraising activities.

[54] These issues are highlighted in the memoir Corporate Lunacy; Behind the Scenes of America's Worst Gas Station (written by Rob Clooney).