#USA #Suburban Propane #Whippany #NASCAR #Speedway Motorsports

Suburban Propane Officially Partners with NASCAR and Speedway Motorsports

In a significant move towards sustainability within motorsports, Suburban Propane Partners, L.P. has announced a multi-year partnership with NASCAR and Speedway Motorsports, officially designating Suburban Propane as the Official Propane of both organizations. This collaboration promises to bolster the green initiative in one of America’s most beloved sporting leagues while providing enhanced services for fans and competitors alike.

Founded in 1928 and listed on the New York Stock Exchange under the ticker SPH, Suburban Propane has been a key player in distributing propane, renewable propane, and renewable natural gas, servicing residential, commercial, and agricultural clients across the United States. The company's move to form a partnership with NASCAR is a strategic initiative aimed not only at promoting its brand but also at incorporating renewable energy solutions into high-octane sports.

As part of this exciting partnership, Suburban Propane will provide propane for newly introduced propane-powered track dryers for NASCAR events, starting this racing season. These advanced track dryers will work alongside traditional jet dryers, enhancing the efficiency of racetrack maintenance, particularly in adverse weather conditions. The technology aligns well with NASCAR's ongoing efforts to embrace environmentally friendly practices across its operations.

Additionally, Suburban Propane will operate as the Official Propane supplier for numerous renowned raceways, including Darlington Raceway, Daytona International Speedway, and Talladega Superspeedway, among others. The agreement ensures that all on-site camping services during NASCAR events are equipped with reliable propane, enhancing the comfort of campers and spectators alike.

Michelle Byron, NASCAR's Executive Vice President and Chief Partnership and Licensing Officer, expressed her enthusiasm about the partnership, highlighting the shared commitment between Suburban Propane and NASCAR. She stated, "Attending a NASCAR race is a unique experience, and with Suburban Propane, we aim to enrich that experience for all our fans, merging speed and reliability in the process."

The collaboration will also roll out Suburban Propane-branded and powered track dryers for various races starting February 2025. This is expected to improve the operational aspects of the races while also fostering a sense of community and environmental responsibility among fans. The new partnership showcases a proactive approach in providing essential services at race weekends, ensuring that campers and attendees receive unparalleled experience.

Nandini Sankara, Suburban Propane's VP of Marketing and Brand Strategy, emphasized the importance of this partnership, reinforcing the idea that, "This alliance embodies a strong collaboration among well-established American brands, reaching a diverse audience through effective service and commitment to sustainable solutions." The partnership aims not only to bring visibility to Suburban Propane but also to promote the clean-burning advantages of propane.

Furthermore, Speedway Motorsports, which manages multiple raceways nationwide, is also set to benefit significantly. Kevin Camper, Chief Commercial Officer of Speedway Motorsports, remarked on the longstanding positive relationships between Suburban Propane and the speedways, expressing excitement over expanding this collaboration to enhance convenience for fans through accessible propane refill stations near campgrounds.

Overall, this partnership signifies a critical step towards integrating sustainability into motorsports while simultaneously catering to the needs of fans. Suburban Propane's commitment to enhancing the NASCAR experience reflects its broader mission to support green energy alternatives and community engagement.

About Suburban Propane

Suburban Propane Partners, L.P. is a leading distributor of propane, renewable energy, and fuel oil, serving approximately one million customers across the United States. Their three core pillars focus on reliability, community support, and promoting green energy.

About NASCAR and Speedway Motorsports

NASCAR is the sanctioning body of some of the most prestigious motorsport events in the U.S., while Speedway Motorsports operates several track facilities across the nation. Together, with Suburban Propane, they are committed to creating a sustainable and enjoyable environment for all NASCAR events.