Surprisingly, I could find no explanation online for this brand name, which began use in 1927. Prestone's own history page does not include that aspect: https://prestone.com/about-us/
I had the same experience, the only additional element I found was Prestone is a surname so quite likely named after its founder. https://your-family-history.com/surname/p/prestone/ I have sent them a message through their Facebook page so if they reply I will add it here.
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