In the past three years, over 100 stores were opened with plans for future development stronger than ever. In terms of location selection, the company-operated RaceTrac stores serve high volume, high-traffic metropolitan areas with a 5,000 square foot building and twenty to twenty-four fueling stations. The contract-operated RaceWay stores concentrate on serving markets with a 2,200 square foot building and ten to twelve fueling stations. RaceWay stores offer similar product categories as the larger RaceTrac stores but have more flexible floor plans and product assortments tailored to their communities. Our commitment to the RaceTrac and RaceWay strategies has made us one of the most efficient gasoline and convenience marketers in the industry. Among other disciplines, the management of real estate is a core competency of the company.
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Racetrac's core values are at the root of our success, guiding each decision and each action taken.
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