Short answers, pulled from the story.
Valvoline was founded by Dr. John Ellis, a Massachusetts-born physician, who partnered with a relative of his wife to establish the Continuous Oil Refining Company in 1866 in Binghamton, New York. Ellis renamed his lubricant from Binghamton Cylinder Oil to Valvoline two years after the company's founding.
Valvoline completed its initial public offering on the New York Stock Exchange on the 22nd of September 2016, and Ashland spun it off as a fully independent company on the 5th of May 2017.
Saudi Aramco announced the acquisition of Valvoline's lubricant unit for 2.65 billion US dollars on the 1st of August 2022.
Valvoline has sponsored NASCAR in some capacity since 1981, when it first entered the sport with driver Cale Yarborough and M. C. Anderson Racing. Its partnership with Roush Racing and Mark Martin beginning in 1992 resulted in 27 wins, one of the most successful sponsor-team combinations in NASCAR history.
Valvoline owns naming rights to Sydney Speedway in Australia and has sponsored the Australian Sprintcar Grand Prix and the 1994 Australian Manufacturers' Championship. Since July 2023, Valvoline has sponsored the Aston Martin Formula One team, with its role set to expand to lubricant supply from 2026, and from the 2025-26 season it will also supply lubricants to the Mahindra Formula E Team.
Valvoline is the second largest oil change service provider in the United States, holding approximately 10% market share with over 1,650 locations operating under brands including Valvoline Instant Oil Change, Great Canadian Oil Change, and Valvoline Express Care.