US Trends

who owns speedway

Speedway gas stations are owned by 7‑Eleven, Inc., which is itself a subsidiary of the Japanese retail group Seven & i Holdings Co., Ltd.

Current owner

  • Speedway is now a wholly owned and operated brand of 7‑Eleven, Inc.
  • 7‑Eleven, Inc. is a wholly owned, indirect subsidiary of Seven & i Holdings, a publicly traded company based in Japan.

How the deal happened

  • Marathon Petroleum Corporation previously owned Speedway as a subsidiary (Speedway LLC) until it agreed to sell the business to 7‑Eleven for about 21 billion dollars in an all‑cash transaction.
  • The transaction closed in 2021, after which Speedway convenience stores and fuel stations came under 7‑Eleven’s corporate umbrella.

Where Speedway sits today

  • Speedway is run out of Irving, Texas, alongside 7‑Eleven’s operations, and locations are spread primarily across the Midwest, East Coast, and parts of the Southwest United States.
  • Former Speedway headquarters facilities, such as the Enon, Ohio site, have been rebranded and integrated into 7‑Eleven’s broader support infrastructure.

TL;DR: If you’re asking “who owns Speedway” today, the answer is 7‑Eleven, Inc., ultimately controlled by Seven & i Holdings Co., Ltd. in Japan.

Information gathered from public forums or data available on the internet and portrayed here.