VP Racing Fuels recently announced an agreement whereby over the coming months company owner Steve Burns will sell his interest in the company to Alan Cerwick, former executive at Valero Energy and 19-year veteran of the petroleum industry. Cerwick will take over as president, while Burns will remain CEO and continue to direct all research and development for race fuel products.
“VP remains committed to leading the industry in race fuel technology and we’ll continue delivering the leading edge fuel products racers have come to expect,” said Burns. “We have an opportunity to take the VP brand to the next level and Alan’s depth and breadth of experience in the industry will prove invaluable as he undertakes this new initiative.” Cerwick has held key management positions at Koch Industries and was formerly vice president of wholesale operations at Valero Energy. In 2002, Cerwick was integral to the rollout of Valero branded gasoline stations across the U.S.
“I’m excited about the unique opportunity to leverage VP’s 35-year history of providing performance fuels in all forms of motorsports into a national brand of retail gas stations,” Cerwick said. “Racers win with VP fuels every weekend all across the country and internationally. Taking this winning tradition into the consumer marketplace provides unique opportunities for not only the retail gas station market, but also for all of VP’s racing partners.”
More information is available at www.vpracingfuels.com.
