|Product type||Automotive performance products|
STP is an American brand of automotive aftermarket products, especially lubricants such as motor oil and motor oil additives. The name began as an abbreviation of Scientifically Treated Petroleum. The brand is owned by Energizer Holdings, which acquired STP in November 2018.
The actual "invention" of what is now known as "STP" was originally invented by German scientists during WW-2 as a response to Germany's need for lubrication of the German war-machine vehicles. It was alleged by WW-2 U.S. Army divisions in Africa that overtook German infantry vehicles (mostly of the original Volkswagen design) that the Germans employed "engine oil" that is now known as STP formulation full-strength in the VW air-cooled 4-cylinder engines, which successfully traveled through the hot African Desert war-front without seizing due to friction and extreme heat. How the German's original chemical synthesis formulation found its way to the U.S. after WW-2 is not known, but most likely came along with many of the other German inventions through the distribution of technology from the spoils of war.
Chemical Compounds was founded in 1953 by three businessmen, Charles Dwight (Doc) Liggett, Jim Hill and Robert De Hart,with $3,000 in start-up capital in Saint Joseph, Missouri. Their sole product was STP Oil Treatment; the name was derived from “Scientifically Treated Petroleum”. In 1961, the company was acquired by the Studebaker-Packard Corporation.
Studebaker briefly tied STP into its advertising as an abbreviation for “Studebaker Tested Products”. However, Studebaker-Packard CEO Sherwood Egbert felt that STP could one day outpace its parent company and recruited Andy Granatelli as the CEO of STP to help raise the product’s image. At the same time, Granatelli became the public face of STP, often wearing a white suit emblazoned with the red oval STP logo to races, distributing thousands of all-weather STP stickers. Granatelli ran two Novi specials at the 1964 Indianapolis 500. Jim Hurtubise and Bobby Unser were the drivers. There was a film made of the race centering on the Novis.
When Studebaker abandoned auto manufacturing in 1966 to become Studebaker-Worthington, STP sales continued to climb to the point where it was spun off into a publicly traded company in 1969. In 1976, it was acquired by Esmark which itself was purchased by Beatrice Foods in 1984. Beatrice sold STP to Union Carbide the next year. In 1986, Union Carbide's auto products, which included Prestone and Simoniz, were subject to a leveraged buyout. The resulting company, First Brands, was purchased by Clorox in 1998.
In the fall of 2006, STP fuel additives began being used in Marathon gasolines, likely to compete with Chevron's Techron additive.
In 2010, Clorox sold ArmorAll and STP to Avista Capital Partners. It named the business Armored AutoGroup. In April 2015, the Armored AutoGroup was acquired by Spectrum Brands.Energizer bought the Spectrum's auto care brands (including Armor All, and A/C Pro) for $1.25 billion in cash and stock.
In 1976, STP faced a consumer protection order that required it to have scientific backing for certain statements and prohibited making false claims. In 1978, it paid a $500,000 civil penalty over claims. In 1995, STP paid $888,000 to settle Federal Trade Commission charges of false advertising.
STP Oil Treatment contains zinc dithiophosphate as an anti-wear additive.
In 1970, STP CEO Andy Granatelli founded the STP Formula One Team. Mario Andretti was hired to drive. The team competed a total of five races running a March Engineering chassis, their best result being a third place at the 1970 Spanish Grand Prix. In 1972 Granatelli agreed to sponsor NASCAR champion Richard Petty,but their deal almost fell apart before their first race. Granatelli insisted the car be STP day-glo red. Petty held out for his iconic Petty blue, and neither would budge. The resulting two-tone red and blue scheme became more famous than either color alone.
STP sponsored Petty through the end of his driving career in 1992, then Bobby Hamilton, and John Andretti in Petty Enterprises' famous #43. That partnership ended shortly after its acquisition by Clorox. STP and the Petty family hold the second-longest relationship in automobile racing history (1972–2000) (Kenny Bernstein and his son Brandon were sponsored by Budweiser for two years longer (1979–2009)).
In August 2012, STP announced that it would be the title sponsor of the World of Outlaws Sprint Car Series in 2013.
On February 21, 2013, STP announced a return to NASCAR Sprint Cup Series sponsorship in a multi-year deal for the STP Gas Booster 500 starting April 7, 2013 at Martinsville Speedway along with a return as primary sponsor of the Richard Petty Motorsports No. 43 for the 2013 STP Gas Booster 500.STP also sponsored the Xfinity Series race STP 300 from 2011 to 2013 at Chicagoland Speedway.
Sunoco LP is an American master limited partnership organized in Delaware and headquartered in Dallas, Texas, that is a wholesale distributor of motor fuels. It distributes fuel to more than 7,300 Sunoco-branded gas stations, almost all of which are owned and operated by third parties. The partnership is controlled by Energy Transfer Partners.
Energizer Holdings, Inc. is an American manufacturer and one of the world's largest manufacturers of batteries, headquartered in St. Louis, Missouri. It produces batteries under the Energizer, Ray-O-Vac, Varta, and Eveready brand names, and formerly owned a number of personal care businesses until it separated that side of the business into a new company called Edgewell Personal Care in 2015.
Speedway LLC is an American convenience store and gas station chain headquartered in Enon, Ohio, with locations primarily in the Midwest and the East Coast regions of the United States. Speedway stations are located in 32 states, up significantly from its core seven-state region in the Midwest since 2012. The company is a wholly owned subsidiary of the Marathon Petroleum Corporation and is the largest convenience store chain in central Ohio.
Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.
The Clorox Company, based in Oakland, California, is an American global manufacturer and marketer of consumer and professional products, with approximately 8,700 employees worldwide, as of June 30, 2018. Net sales in the company's 2019 fiscal year were US$6.2 billion. Clorox ranked no. 468 on Fortune's 2018 Fortune 500 list.
Hess Corporation is an American global independent energy company engaged in the exploration and production of crude oil and natural gas. It was formed by the merger of Hess Oil and Chemical and Amerada Petroleum in 1968 led by Leon Hess. In 1995, his son John B Hess succeeded him as chairman and CEO. Hess, headquartered in New York City, placed #394 in the 2016 list of Fortune 500 corporations. In the 2020 Forbes Global 2000, Hess was ranked as the 1253rd -largest public company in the world. In 2014, Hess completed a multi-year transformation to an exploration and production company by exiting all downstream operations, generating approximately $13 billion from assets sales beginning in 2013. Hess sold its gas station network to Marathon Petroleum ; sold its wholesale and retail oil, natural gas and electricity marketing business to Direct Energy; closed its refineries in Port Reading NJ and St. Croix USVI ; sold its bulk storage and terminalling business mostly to Buckeye Partners; and sold its 50% interests in two New Jersey power plants to their respective JV partners. Hess also sold its 50% interest in its JV commodities trading arm HETCO to Oaktree Capital. HETCO is now known as Hartree Partners.
Goody's Powder, also called Goody's Headache Powders, is an over-the-counter aspirin/paracetamol/caffeine–based pain reliever, in single-dose powder form, which is marketed and sold by Prestige Brands. The powder delivery saves the time needed for the patient's digestive system to break down a tablet or capsule, ostensibly causing the medication to work faster. Goody's Extra Strength Powder consists of aspirin, caffeine, and paracetamol (acetaminophen) in a formula identical to that of Excedrin, a product of Novartis, but in the no-digestion-needed powder form.
Valvoline Inc. is an American manufacturer and distributor of Valvoline-brand automotive oil, additives, and lubricants. It also owns the Valvoline Instant Oil Change and Valvoline Express Care chains of car repair centers. As of 2016, it is the second largest oil change service provider in the United States with 10% market share and 1,050 locations.
Armor All is an American brand of car care products that is manufactured by American company Armored AutoGroup of Danbury, Connecticut, United States. The company markets the product line of sprays, gels, liquids, and wipes to clean, shine, and protect interior and exterior automobile surfaces.
Wagner Electric Corporation was an electric equipment manufacturing firm established in 1891 that became part of Studebaker-Worthington in 1967.
Pilot Travel Centers LLC, doing business as Pilot Flying J, is a North American chain of truck stops in the United States and Canada. The company is based in Knoxville, Tennessee, where Pilot Corporation, the majority owner, is based. The company is owned by Pilot, FJ Management, and Berkshire Hathaway. The company operates truck stops under the Pilot Travel Centers, Flying J Travel Plaza, and Mr. Fuel brands.
Pine-Sol is a registered trade name of Clorox for a line of household cleaning products, used to clean grease and heavy soil stains. Pine-Sol was based on pine oil when it was created in 1929 and during its rise to national popularity in the 1950s. However, as of 2016, Pine-Sol products sold in stores no longer contain pine oil to reduce costs.
Anthony "Andy" Granatelli was an American businessman, most prominent as the CEO of STP as well as a major figure in automobile racing events.
Joe Leonard was an American professional motorcycle racer and racecar driver.
Douglas James "D. J." Kennington is a Canadian professional stock car racing driver. He currently competes full-time in the NASCAR Pinty's Series, driving the No. 17 Dodge Challenger for his own team DJK Racing. He won the 2010 and 2012 Pinty's Series championships. Kennington also competes part-time in the NASCAR Xfinity Series, driving the No. 99 Toyota Supra for B. J. McLeod Motorsports, and part-time in the Monster Energy NASCAR Cup Series, driving the No. 77 Chevrolet Camaro ZL1 for Spire Motorsports. He is the son of Doug Kennington, a CASCAR driver and founder of St. Thomas Raceway Park.
Spectrum Brands Holdings, Inc., a Fortune 500 company, is an American diversified company. Its headquarters are located in Middleton, Wisconsin and was established in 2005 as the successor company to Rayovac Corporation.
JTG Daugherty Racing is an American professional stock car racing team that currently competes in the NASCAR Cup Series. The team is owned by former advertising executive Tad Geschickter and his wife Jodi, along with current NBC Sports analyst Brad Daugherty. The team formerly had alliances with Wood Brothers Racing, Michael Waltrip Racing, and Richard Childress Racing. The team currently has a technical alliance with Hendrick Motorsports. JTG Daugherty currently fields two Chevrolet Camaro ZL1 1LE full-time teams: the No. 37 for Ryan Preece and the No. 47 for Ricky Stenhouse Jr.
The Super Start Batteries 400 presented by O'Reilly Auto Parts is a NASCAR Cup Series race held at Kansas Speedway in Kansas City, Kansas. Kansas received a second date beginning in 2011 as part of NASCAR's latest round of schedule realignment; with the other one being the Hollywood Casino 400, the thirty-second race of the season. Denny Hamlin is the defending winner.
John Edward "Jeb" Burton IV is an American professional stock car racing driver. He is the son of Ward Burton, the nephew of Jeff Burton, and the cousin of Jeff's son Harrison Burton. He competes full-time in the NASCAR Xfinity Series, driving the No. 10 Chevrolet Camaro for Kaulig Racing. He competed for several seasons as a regular driver at South Boston Speedway, an American racing circuit that his family has historically been known for competing at, as well as at Ace Speedway. Burton has raced in each of NASCAR's three national series.
Curb Racing is a former NASCAR team competing mainly in the Sprint Cup Series and Xfinity Series from 1984–2011. The team was owned by Mike Curb, CEO of Curb Records and 45th Lieutenant Governor of California. Curb also had numerous business partners affiliated with his NASCAR operations, including Gary Baker, Cary Agajanian, John Andretti, and Donald Laird. The team fielded cars for several notable NASCAR drivers, including Richard Petty, Dale Jarrett, Jimmie Johnson, and Greg Biffle.