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1954 Charles Dwight (Doc) Liggett, Jim Hill and Robert DeHart began packaging STP Oil Treatment in a backyard garage at night and selling it from the trunks of their cars during their business and pleasure trips. By the end of 1966, sales had climbed to more than $43 million. In 1969, STP® became a public corporation, and shares went on the American Stock Exchange under the symbol “STP”. STP sponsored its own Indy Car racing team, featuring Mario Andretti.
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