Formerly |
|
---|---|
Company type |
|
Industry | Petroleum |
Founded | 9 March 1899 |
Founder | Charles Wakefield [1] |
Fate | Acquired by Burmah Oil in 1966, Burmah-Castrol merged to BP in 2000, Castrol remained as a brand |
Headquarters | Castrol Technology Centre, Pangbourne, Berkshire, UK BP Lubricants, Wayne, New Jersey Castrol Industrial North America, Naperville, IL |
Key people | Michelle Jou (CEO) |
Products | Lubricants |
Parent |
|
Website | castrol.com |
Castrol Limited is a British oil company that markets industrial and automotive lubricants, offering a wide range of oil, greases and similar products for most lubrication applications. The company was originally named CC Wakefield; the name Castrol was originally just the brand name for CC Wakefield's motor oils, but the company eventually changed its name to Castrol when the product name became better-known than the original company name. [1]
Since 2000, Castrol Limited has been a subsidiary of BP, which acquired the company for $4.73 billion. [2]
The "Wakefield Oil Company" was founded by Charles Wakefield in Cheapside, London in 1899. Wakefield had previously left a job at Vacuum Oil to start a new business selling lubricants for trains and heavy machinery. Eight Vacuum Oil employees joined Wakefield, and the company launched its first lubricant in 1906.
In early 20th century, Wakefield Co. developed lubricants especially suited for automobiles and aeroplanes. [3] The brand "Castrol" originated after researchers added measured amounts of castor oil (a vegetable oil derived from castor beans) to their lubricant formulations. [1] By 1960, the name of the motor oil had eclipsed the company's name itself so "CC Wakefield & Company" became "Castrol Limited". [4] In 1966, Castrol was acquired by company Burmah Oil, which was renamed "Burmah-Castrol". Burmah-Castrol was purchased by London-based multinational BP (then, "BP Amoco plc") in 2000. [5]
At the time of purchase, Burmah-Castrol had a turnover of nearly £3 billion with operating profits of £284 million. The company also had 18,000 employees worldwide, with operations in 55 countries. Respectively, BP Amoco had 80,400 employees worldwide and revenues of more than £63 billion. [6]
While Burmah's operations folded into the group, Castrol has remained as a subsidiary of BP.
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Castrol is a leading manufacturer of lubricants and offers a broad range of products for various applications. The exact names of the product groups and types are :
Passenger car engine oils:
Commercial vehicle engine oils:
Automatic transmission fluids, differential and axle fluids, manual transmission fluids:
Some steam locomotives were fitted with one or more Wakefield mechanical lubricators. These were normally mounted on the locomotive footplate alongside the boiler, in a position where a mechanical linkage could be made with some point on the locomotive's valve gear or another moving part. The reciprocation of this caused a lever on the lubricator to oscillate, and this was converted to a small rotary movement by a ratchet. The gradual rotation caused a small amount of lubricating oil to be fed into pipes leading to the cylinders, valves and other parts. The amount of oil fed was in proportion to the distance travelled by the locomotive in either direction. [8]
The brand has been involved in Formula One for many years, supplying to a number of teams, including McLaren (1979–1980 and 2017), Williams (1997–2005), Team Lotus (1992–1993), Brabham (1983–1984), Sauber (1994-early 1995), Jaguar (2002–2004), Renault/Alpine (2017–2025), Audi (2026 onwards) and Walter Wolf Racing. [9]
Castrol has sponsored the Ford World Rally Team and M-Sport in the World Rally Championship since 2003, and the Chip Ganassi Racing Ford GT factory team from 2016, to 2019. It has also sponsored Volkswagen Motorsport activities in the Dakar Rally and later the World Rally Championship since 2005. Audi Sport's activities in rallying and touring car racing have been sponsored by Castrol, as well as its Le Mans Prototypes program since 2011. [10] BMW Motorsport was sponsored by Castrol from 1999 to 2014.
Toyota Motorsport had Castrol sponsorship in the World Rally Championship from 1993 to 1999, and Hyundai Motorsport did so from 2000 to 2002. Also, the Honda factory team at the World Touring Car Championship had Castrol sponsorship from 2012 to 2020. [11]
In the All-Japan Grand Touring Championship, the 1997 championship-winning TOM'S Toyota Supra [12] (famous from the Gran Turismo series by Polyphony Digital) and later the Mugen Honda NSX had Castrol sponsorships.
In North America, Castrol has been an active sponsor of NHRA drag racing. Castrol sponsored John Force Racing under the GTX brand from 1987 until the end of the 2014 season. Also, the All American Racers had Castrol sponsorship in the CART World Series from 1996 to 1999. In 2014, Castrol sponsored former Indy 500-winning IndyCar team Bryan Herta Autosport, with English rookie Jack Hawksworth behind the wheel.
Castrol is the name sponsor of Castrol Raceway, a multi-track oval, drag, and motocross racing facility in Edmonton, Alberta, Canada. [13] Castrol is the sponsor of D. J. Kennington in the NASCAR Canadian Tire Series and NASCAR Cup Series. [14]
In Australia, Castrol has a long history with the Supercars category, and between 1993 and 2005, Castrol was the title sponsor of Perkins Engineering. It also sponsored Longhurst Racing between 1995 and 1999, Ford Performance Racing between 2007 and 2009, and Paul Morris Motorsport in 2010. [15] In conjunction with a multi-year series sponsorship, between 2014 - 2016 several race events acquired Castrol naming rights including the Castrol Edge Townsville 500 and the Castrol Gold Coast 600. [16] Castrol was the title sponsor of Team Bray, owned by Australian drag car legend, Victor Bray for 17 years.
Castrol was the main sponsor of the Castrol International Rally in Canberra for 11 years between 1976 and 1986. The same was true for an International Rally held in South Africa, ending annually in neighbouring Swaziland. It was the most prestigious event on the South African rally calendar at the time, until Castrol ended its sponsorship of this event. Later only some competitors' cars were carrying the bright green and red colours of Castrol sponsorship in national rally events, notably the S.A. Toyota dealer team.
In 2019, Castrol extended their sponsorship activities by re-forming a partnership with Jaguar, this time supporting them in Formula E [17] and also NASCAR Cup Series giants Roush Fenway Racing-Ford since 2020 season due to Ford's commercial relationship with BP plc.
Castrol also briefly made an appearance in 1993 with Nissan in the British Touring Car Championship, [18] [19] where Keith O'Dor managed to win the 9th round of the season at Silverstone with his teammate Win Percy taking 2nd. [20]
Castrol advertising has been a part of telecasts of the National Football League for years. In 2011, Castrol's Edge brand became the official motor oil sponsor for the league, renewed until the 2017 season. [21]
The Castrol Cricket Index is a dynamic indicator of the overall performance of a cricket team. It is calculated by taking into consideration the batting momentum, the bowling efficiency, the performance of the teams in the quick start overs and the extreme performance overs and many other factors. Castrol Cricket also ranks cricketers based on their overall performance. [22] India centric initiatives being undertaken like Castrol World Cup ka Hero was created during the 2011 Cricket World Cup. [23] [24]
In 2011, Castrol signed a four-year sponsorship deal for the Australian national rugby union team and as the naming rights sponsor of The Rugby Championship. [25] [26]
From 1995 until 1997, Castrol were also the shirt sponsors of English Football League side Swindon Town.
Castrol products are still marketed under the red, white and green colour scheme that dates from the launch of Castrol motor oil in 1909. Advertisements for Castrol oil historically featured the slogan "Castrol – liquid engineering". This was more recently refreshed and reintroduced as "It's more than just oil. It's liquid engineering." [27] [28]
For many years, the opening notes of the second Nachtmusik movement of Mahler's Seventh Symphony were used as the signature theme of Castrol TV commercials. [29]
Wakefield vehicles advertised the company and Castrol on their sides; models of them were made by Dinky Toys, and in later times became sought-after collectors' items. [30] One example from 1934 to 1935, in very good to excellent condition, was estimated to fetch £1,000-£1,500 at auction in 2016. [31]
Amoco is a brand of fuel stations operating in the United States and owned by British conglomerate BP since 1998. The Amoco Corporation was an American chemical and oil company, founded by Standard Oil Company in 1889 around a refinery in Whiting, Indiana, and was officially the Standard Oil Company of Indiana until 1985. Originally part of the Standard Oil Company trust, it focused on producing gasoline for the new automobile market. In 1911, as part of the break-up of the Standard Oil trust, it became an independent corporation. Incorporated in Indiana, it was headquartered in Chicago, and formally adopted the name Amoco in 1985. Amoco Corporation merged in 1998, over the course of several years all Amoco and Standard stations were converted to BP. The Amoco name was branded at the gas pump for the highest 93 octane blends. The Deepwater Horizon oil spill of 2010 tarnished the BP brand in the US resulting in a rethinking of US branding. Amoco was resurrected in 2017 beyond merely being a gasoline blend, as service station owners could choose to use the Amoco brand for station branding and supplies purchased from BP in selected areas of the United States markets. This branding decision also allow for an increase in stations without flooding a particular market with a single BP name. This was consistent with marketing at Chevron and ExxonMobil and the utilization of the Chevron/Texaco and Exxon/Mobil brands.
Elf Aquitaine is a French brand of oils and other motor products for automobiles and trucks. Elf is a former petroleum company which merged with TotalFina to form "TotalFinaElf". The new company changed its name to Total in 2003 and TotalEnergies in 2021. Elf has been as a major brand of TotalEnergies since then.
Martini Racing is the name under which various motor racing teams race when sponsored by the Italian company Martini & Rossi, a distillery that produces Martini vermouth in Turin. Martini's sponsorship program began in 1958 as Martini International Club, founded by Count Metello Rossi di Montelera of Martini & Rossi. The race cars were marked with the distinctive dark blue, light blue and red stripes mostly on white or silver background body cars, but also red or green ones.
Jaguar Racing is the name given to Jaguar Land Rover's racing interests. It currently competes in Formula E under the name Jaguar TCS Racing as a result of the partnership with Tata Consultancy Services. It was previously a Formula One constructor that competed in the FIA Formula One World Championship from 2000 to 2004. In addition to single seaters, the Jaguar brand also has rich history in various forms of sportscar racing, most notably with the XJR sportscars that enjoyed high success in the FIA World Sportscar Championship and also the IMSA GT Championship during the late 1980s and early 1990s. The team is most notably the winner of 2023–24 Formula E World Championship, as the team's first top level motorsport victory since the 1990s.
AMSOIL Inc. is an American corporation based in Superior, Wisconsin that primarily formulates and packages synthetic lubricants, fuel additives, and filters. Company founder Albert J. Amatuzio developed several synthetic motor oil formulations throughout the mid-to-late 1960s. He was commercially selling synthetic motor oil by 1968. In 1972, AMSOIL 10W-40 Synthetic Motor Oil became the world's first synthetic motor oil to meet American Petroleum Institute requirements, which prompted the company to adopt "The First in Synthetics®" as its tagline. The company introduced several other synthetic lubricants that represented industry firsts throughout the 1970s and early 1980s. It distributes products in North America via a network of independent dealers paid commissions on sales.
Mobil 1 is a brand of synthetic motor oil and other automotive lubrication products. Originally developed by the Mobil oil company, it is now globally marketed and sold by ExxonMobil.
Lucas Oil Products, Inc. is an American manufacturer and distributor of automotive oil, additives, and lubricants. It was founded by trucker Forrest Lucas and his wife Charlotte in 1989. The company is a medium size manufacturer of lubricants, including engine oils, greases, gear lubes, as well as problem-solving additives and car-care products. It produces and markets approximately 270 formulations in 40 countries. In the U.S., Lucas Oil is sold in more than 30,000 auto parts stores, displaying the most variety of shelf products of any oil company, and at truck stops nationwide. Lucas Oil has its plants in the United States. The original plant in Corona, California, which also housed Lucas Oil Corporate Headquarters and several affiliated companies, was closed in late 2022, moving the corporate HQ to Indianapolis, Indiana.
Pennzoil is an American motor oil brand currently owned by Shell plc. The former Pennzoil Company had been established in 1913 in Pennsylvania, being active in business as an independent firm until it was acquired by Shell in 2002, becoming a brand of the conglomerate.
Toyota Gazoo Racing Europe GmbH (TGR-E) is an automotive engineering and motorsport services facility based in Cologne, Germany. It is fully-owned and controlled by Toyota Motor Corporation.
The Burmah Oil Company was a leading British oil company which was once a constituent of the FTSE 100 Index. In 1966, Castrol was acquired by Burmah, which was renamed Burmah-Castrol. BP Amoco purchased the company in 2000.
Red Line Synthetic Oil is a manufacturer of synthetic lubricants based in Benicia, California, in the United States. The company operates as a subsidiary of Phillips 66 Spectrum Corporation.
Charles Cheers Wakefield, 1st Viscount Wakefield, GCVO, CBE, was an English businessman who founded the Castrol lubricants company, was lord mayor of London and was a significant philanthropist.
One Raceway, formerly known as Wakefield Park Raceway is a 2.350 km (1.460 mi) motor racing circuit located near Goulburn, New South Wales, Australia. It was named after Charles Wakefield, the founder of Castrol. The founders of Wakefield Park, John Carter and amateur racer and former motor dealer, Paul Samuels felt that Castrol had been so influential in helping amateurs go motor racing that CC Wakefield should be honoured, especially as Samuels' and Carter's' circuit was intended for amateur racers in the likelihood in the 1990s of both Amaroo and Oran Park Raceways closing and amateur racers being unable to afford the daily hire rate at Eastern Creek Raceway.
Motul S.A. is a global French company which manufactures, develops and distributes lubricants and other specialized products for engines and for industry.
The Jaguar R3 is a Formula One racing car with which Jaguar Racing competed in the 2002 Formula One season. The car was launched on 4 January 2002. It was driven by Eddie Irvine and Pedro de la Rosa, both retained from 2001. A "B Specification" car named the Jaguar R3B made its debut at the 2002 British Grand Prix and used for the remainder of the 2002 season.
Liqui Moly GmbH is a German company specializing in oils, lubricants and additives. As of January 1, 2018, Liqui Moly is part of the Würth Group, which bought the remaining shares of the previous majority holder and CEO Ernst Prost. From 2018 to 2022, Günter Hiermaier was the second managing director alongside long-time managing director Ernst Prost. Prost retired in February 2022 on the occasion of his 65th birthday. Günter Hiermaier then served as the sole managing director of Liqui Moly until 2022. The Ulm-based company's long-time commercial director, Uli Weller, became the group's second managing director at the turn of 2023.
John Force Racing is an NHRA drag racing team. In over 30 years of competition, John Force Racing has won two Top Fuel and 20 Funny Car championships. The current line-up of drivers includes Top Fuel driver Brittany Force and Funny Car drivers Austin Prock and Jack Beckman. The team's leadership includes CEO John Force, President Robert Hight, Vice President Ashley Force Hood, and CFO Adria Hight. Past drivers include Gary Densham, Ashley Force Hood, team crew chief Mike Neff, Eric Medlen, who lost his life while racing for the team and whose number 4 appears on all their cars, Tony Pedregon, who was the first driver other than Force to win a series championship driving for the team, and Courtney Force. In 2017, Brittany Force became the first team driver to win a championship in a classification that is not Funny Car, taking the Top Fuel title.
Castrol India Limited is an automotive and industrial lubricant manufacturing company. Castrol India is the 2nd largest manufacturer of automotive and industrial lubricants in the Indian lubricant market and owns around 20% market share in the overall Indian lubricant market. It is part of Castrol Limited UK. It has 5 manufacturing plants that are networked with 270 distributors, serving over 70,000 retail outlets.
Xado is a multinational chemical group with headquarters in Germany, the Netherlands, and Ukraine, manufacturing high-tech nano technology products and lubricants such as revitalizants, lubricants, oils, greases, aftermarket oil additives, fuel additives, and firearms.
Penrite is an Australian independent international lubricants company established in 1926. The head office is located in Dandenong South in Melbourne, Australia, with other major offices in Sydney, Brisbane, Adelaide, Perth and Auckland, New Zealand and the United Kingdom, exporting to over 50 countries in Europe, Asia and the United States. The company is privately owned.
Early in the new century, Wakefield took a personal interest in two sporty new motorised contraptions – the automobile and the aeroplane. The company started developing lubricants especially for these new engines, which needed oils that were runny enough to work from cold at start-up and thick enough to keep working at very high temperatures. [...] Wakefield researchers found that adding a measure of castor oil, a vegetable oil made from castor beans, did the trick nicely. They called the new product 'Castrol.'
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