SUBURBAN PROPANE AND NASCAR UNVEIL PROPANE-POWERED TRACK DRYER AT THE DAYTONA 500
Suburban Propane Partners (NYSE: SPH) and NASCAR have unveiled a propane-powered track dryer at the DAYTONA 500. This innovative solution complements existing track drying efforts and offers improved fuel efficiency compared to diesel or gasoline alternatives, while producing fewer pollutants.
As the Official Propane of NASCAR, Suburban Propane's role extends beyond track drying to powering concession stands and supporting campground energy needs. The partnership aims to enhance the fan experience by providing reliable propane services throughout race weekends.
Suburban Propane serves approximately 1 million customers across 42 states through 700 locations, distributing propane, renewable propane, renewable natural gas, and related products. The company operates on three core pillars: Suburban Commitment, SuburbanCares, and Go Green with Suburban Propane, emphasizing customer service excellence and environmental sustainability.
Suburban Propane Partners (NYSE: SPH) e NASCAR hanno presentato un asciugatore per piste alimentato a propano durante il DAYTONA 500. Questa soluzione innovativa integra gli sforzi esistenti per l'asciugatura delle piste e offre una maggiore efficienza energetica rispetto alle alternative diesel o benzina, producendo meno inquinanti.
In qualità di Propano Ufficiale di NASCAR, il ruolo di Suburban Propane va oltre l'asciugatura delle piste, estendendosi all'alimentazione dei chioschi e al supporto delle esigenze energetiche dei campeggi. La partnership mira a migliorare l'esperienza dei tifosi fornendo servizi di propano affidabili durante i fine settimana di gara.
Suburban Propane serve circa 1 milione di clienti in 42 stati attraverso 700 sedi, distribuendo propano, propano rinnovabile, gas naturale rinnovabile e prodotti correlati. L'azienda opera su tre pilastri fondamentali: Impegno Suburbano, SuburbanCares e Vai Verde con Suburban Propane, enfatizzando l'eccellenza nel servizio clienti e la sostenibilità ambientale.
Suburban Propane Partners (NYSE: SPH) y NASCAR han presentado un secador de pista a propano en el DAYTONA 500. Esta solución innovadora complementa los esfuerzos existentes de secado de pistas y ofrece una mejor eficiencia de combustible en comparación con las alternativas diésel o gasolina, mientras produce menos contaminantes.
Como Propano Oficial de NASCAR, el papel de Suburban Propane se extiende más allá del secado de pistas, alimentando los quioscos y apoyando las necesidades energéticas de los campings. La asociación tiene como objetivo mejorar la experiencia de los aficionados al proporcionar servicios de propano confiables durante los fines de semana de carreras.
Suburban Propane atiende a aproximadamente 1 millón de clientes en 42 estados a través de 700 ubicaciones, distribuyendo propano, propano renovable, gas natural renovable y productos relacionados. La empresa opera sobre tres pilares fundamentales: Compromiso Suburbano, SuburbanCares y Ve Verde con Suburban Propane, enfatizando la excelencia en el servicio al cliente y la sostenibilidad ambiental.
서버번 프로페인 파트너스 (NYSE: SPH)와 NASCAR가 DAYTONA 500에서 프로판으로 작동되는 트랙 드라이어를 공개했습니다. 이 혁신적인 솔루션은 기존의 트랙 건조 작업을 보완하며, 디젤이나 휘발유 대안에 비해 연료 효율성을 개선하고 오염 물질을 줄입니다.
NASCAR의 공식 프로판으로서, 서버번 프로페인의 역할은 트랙 건조를 넘어 매점에 전력을 공급하고 캠프장 에너지 요구를 지원하는 것입니다. 이 파트너십은 레이스 주말 동안 신뢰할 수 있는 프로판 서비스를 제공하여 팬 경험을 향상시키는 것을 목표로 합니다.
서버번 프로페인은 700개 지점을 통해 42개 주에서 약 100만 고객에게 서비스를 제공합니다. 프로판, 재생 가능 프로판, 재생 가능 천연 가스 및 관련 제품을 유통합니다. 이 회사는 고객 서비스 우수성과 환경 지속 가능성을 강조하는 세 가지 핵심 원칙인 서버번 커밋먼트, 서브어반케어스 및 서버번 프로페인과 함께 그린 고를 운영합니다.
Suburban Propane Partners (NYSE: SPH) et NASCAR ont dévoilé un séchoir de piste alimenté au propane lors du DAYTONA 500. Cette solution innovante complète les efforts actuels de séchage de piste et offre une meilleure efficacité énergétique par rapport aux alternatives diesel ou essence, tout en produisant moins de polluants.
En tant que propane officiel de NASCAR, le rôle de Suburban Propane va au-delà du séchage des pistes pour alimenter les stands de restauration et soutenir les besoins énergétiques des campings. Le partenariat vise à améliorer l'expérience des fans en fournissant des services de propane fiables tout au long des week-ends de course.
Suburban Propane sert environ 1 million de clients dans 42 États à travers 700 emplacements, distribuant du propane, du propane renouvelable, du gaz naturel renouvelable et des produits connexes. L'entreprise repose sur trois piliers fondamentaux : Engagement Suburbain, SuburbanCares et Aller Vert avec Suburban Propane, mettant l'accent sur l'excellence du service client et la durabilité environnementale.
Suburban Propane Partners (NYSE: SPH) und NASCAR haben einen propanbetriebenen Strecken-Trockner beim DAYTONA 500 vorgestellt. Diese innovative Lösung ergänzt die bestehenden Bemühungen zur Trocknung der Strecke und bietet eine verbesserte Kraftstoffeffizienz im Vergleich zu Diesel- oder Benzinalternativen, während sie weniger Schadstoffe produziert.
Als offizieller Propanlieferant von NASCAR geht die Rolle von Suburban Propane über das Trocknen der Strecke hinaus und versorgt Verkaufsstände und unterstützt die Energiebedürfnisse von Campingplätzen. Die Partnerschaft zielt darauf ab, das Fanerlebnis zu verbessern, indem sie zuverlässige Propandienste während der Rennwochenenden bereitstellt.
Suburban Propane bedient etwa 1 Million Kunden in 42 Bundesstaaten über 700 Standorte und vertreibt Propan, erneuerbares Propan, erneuerbares Erdgas und verwandte Produkte. Das Unternehmen arbeitet auf der Grundlage von drei Kernpfeilern: Suburban Commitment, SuburbanCares und Go Green mit Suburban Propane, wobei der Schwerpunkt auf exzellentem Kundenservice und ökologischer Nachhaltigkeit liegt.
- Strategic partnership with NASCAR enhances brand visibility and market presence
- Introduction of innovative propane-powered track dryer demonstrates product application in high-profile setting
- Expanded service offering through NASCAR venues creates new revenue streams
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Insights
The unveiling of SPH's propane-powered track dryer at NASCAR's premier event represents a significant strategic advancement that extends far beyond simple equipment deployment. This partnership creates multiple value streams that could materially impact SPH's business model:
1. Market Validation: NASCAR's adoption of propane technology for critical race operations provides unprecedented validation of propane's reliability and performance in high-stakes environments. This could accelerate adoption in other commercial and industrial applications where diesel currently dominates.
2. Revenue Diversification: The comprehensive partnership encompasses track operations, concessions, and campground services, creating a multi-channel revenue model that reduces dependency on traditional residential propane delivery.
3. Innovation Leadership: By developing and implementing this track-drying solution, SPH positions itself as a technology innovator rather than just a commodity supplier. This differentiation could command premium pricing and create barriers to entry for competitors.
4. ESG Enhancement: The demonstrated environmental benefits align with NASCAR's sustainability initiatives and strengthen SPH's environmental credentials, potentially attracting ESG-focused investors and partners.
The timing and venue of this launch - at the DAYTONA 500, NASCAR's most prestigious event - maximizes visibility and creates a powerful platform for demonstrating propane's capabilities to a massive audience. This could catalyze adoption in other sports venues and large-scale entertainment facilities, representing a potentially significant new market segment for SPH.
The utilization of propane in this dryer is more fuel efficient than diesel or gasoline, and results in less overall pollutants. This aligns with NASCAR's work towards optimizing its operations and building a healthier race track environment.
"The partnership between NASCAR and Suburban Propane will enhance the fan experience by providing reliable, convenient propane services at our tracks," said Michelle Byron, NASCAR Executive Vice President, Chief Partnership and Licensing Officer. "Whether it's fueling the campgrounds or helping get race cars back on the track, Suburban Propane helps ensure NASCAR fans stay powered up through the race weekend."
Suburban Propane's role extends beyond the track dryer. As the Official Propane of NASCAR, the company powers concession stands, ensuring fans enjoy their favorite foods and beverages with seamless, reliable, and cleaner energy. Additionally, Suburban Propane supports the energy needs of campgrounds, providing NASCAR's dedicated fan base with the propane they need to cook, heat, and celebrate race weekend in comfort.
"Our partnership with NASCAR is a natural fit," says Nandini Sankara, Vice President, Marketing & Brand Strategy, and Spokesperson, Suburban Propane. "Propane is a quiet, yet dependable contributor to race day, providing consistent, versatile, and clean energy solutions that touch nearly every aspect of the event. From drying the track to fueling the fan experience, we're proud to power the passion that makes the NASCAR experience a truly extraordinary event."
The DAYTONA 500 serves as the perfect stage to showcase this innovation. As the season opener and the biggest event in motorsports, the race brings together millions of fans to celebrate the speed, skill, and strategy that define the sport.
About Suburban Propane:
Suburban Propane Partners, L.P. ("Suburban Propane") is a publicly traded master limited partnership listed on the New York Stock Exchange. Headquartered in Whippany, New Jersey, Suburban Propane has been in the customer service business since 1928 and is a nationwide distributor of propane, renewable propane, renewable natural gas ("RNG"), fuel oil and related products and services, as well as a marketer of natural gas and electricity and producer of and investor in low carbon fuel alternatives, servicing the energy needs of approximately 1 million residential, commercial, governmental, industrial and agricultural customers through approximately 700 locations across 42 state.
Suburban Propane is supported by three core pillars: (1) Suburban Commitment – showcasing Suburban Propane's almost 100-year legacy, an ongoing commitment to the highest standards for dependability, flexibility, and reliability that underscores Suburban Propane's commitment to excellence in customer service; (2) SuburbanCares – highlighting continued dedication to giving back to local communities across Suburban Propane's national footprint; and (3) Go Green with Suburban Propane – promoting the clean burning and versatile nature of propane and renewable propane as a bridge to a green energy future and investing in the next generation of innovative, renewable energy alternatives.
For additional information on Suburban Propane, please visit www.suburbanpropane.com.
About NASCAR:
The National Association for Stock Car Auto Racing (NASCAR) is the sanctioning body for the No. 1 form of motorsports in the United States and owner of 14 of the nation's major motorsports entertainment facilities. NASCAR sanctions races in three national series (NASCAR Cup Series™, NASCAR Xfinity Series™, and NASCAR CRAFTSMAN Truck Series™), four international series (NASCAR Brasil Series, NASCAR Canada Series, NASCAR Euro Series, NASCAR Mexico Series), four regional series (ARCA Menards Series, ARCA Menards Series East & West and the NASCAR Whelen Modified Tour) and a local grassroots series (NASCAR Advance Auto Parts Weekly Series). The International Motor Sports Association™ (IMSA®) governs the IMSA WeatherTech SportsCar Championship™, the premier
For more information visit www.NASCAR.com and www.IMSA.com, and follow NASCAR on Instagram, YouTube, TikTok, X and Facebook.
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SOURCE Suburban Propane Partners, L.P.
FAQ
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