Andretti acquired Colvin Oil stations this year
I was at the gas station the other day, and the attendant told me Mario Andretti was just there. Not only that, but that he now owned the station. Could that be?
— via email
There have been Mario Andretti sightings in several parts of Oregon, even some photo ops.
The famed auto racer — winner of the 1967 Daytona 500, 1969 Indianapolis 500 and 1978 Formula One championship — formed Andretti Petroleum along with son Michael Andretti and M.J. Castelo in 1997.
In May of this year, Andretti Petroleum Group of San Carlos, California, acquired Grants Pass-based Colvin Oil's assets — 51 gas stations and convenience stores, three cardlock stations, three bulk plant operations, a fleet and commercial fueling operation, a lubricants business, a transportation company, and supplies for nearly 100 other gas stations. Colvin's properties operate primarily as Chevron, but also Union 76, Shell, Circle K, Pacific Pride and CFN brands.
Property records for Jackson and Josephine counties show 22 service station and bulk plant properties, aggregated at more than $20.5 million, exchanged hands in May. Several Central Oregon properties, valued at more than $14 million, also were part of the deal.
Lane Colvin, whose father Merve founded the company in 1960, is now managing member and president of the Colvin Oil business unit of the Andretti Petroleum enterprise.
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