Roger Penske Net Worth is$1.4 Billion
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Profession: Racecar driver, Entrepreneur, Businessperson
Date of Birth: Feb 20, 1937
Nicknames: Roger S Penske
Country: United States of America
Roger Penske is the owner of racing team Penske Racing and has a net worth of $1.4 billion. Roger Penske earned his net worth through his career as a race car driver, his ownership of the Penske Racing team, as CEO of Penskes Automotive Group and his operation of a Nascar team, an Indy Racing League Team and others. He was born in Shaker Heights, Ohio, U.S.A.
Roger S. Penske (born February 20, 1937, in Shaker Heights, Ohio) is the owner of the automobile racing team Penske Racing, the Penske Corporation, and other automotive-related businesses. A winning racer in the late 1950s, Penske was named 1961's Sports Car Club of America Driver of the Year by Sports Illustrated. After retiring from driving a few years later, he created one of the most successful teams in IndyCar Series and NASCAR racing.
He also is one of the corporate directors at General Electric and was chairman of Super Bowl XL in Detroit, Michigan. He was previously on the board of Home Depot and Delphi Automotive before resigning to chair the Detroit Super Bowl Committee. He has an estimated net worth of $1.4 billion. He is a 1959 graduate of Lehigh University in Pennsylvania, where he was also a member of the Phi Gamma Delta fraternity.
Penske's father was a corporate executive for a metal fabrication company and encouraged his son to become an entrepreneur. As a teenager he bought older cars, repaired them and sold them at a profit from his family's home in Cleveland, Ohio. In 10 years, Penske raced and sold about 32 cars.
Starting in 1958, Penske purchased, raced and sold race cars, and was very successful both financially and on the track. Penske made his first professional racing start at the now-abandoned Marlboro Motor Raceway in Upper Marlboro, Maryland.
By 1960, he was a well-known race car driver (Sports Illustrated SCCA Driver of the Year), winning prestigious races until 1965, when he retired as a driver, to concentrate on his first Chevrolet dealership in Philadelphia, PA. He subsequently began his now famous Penske Racing in 1965, as well. Interestingly enough, although Penske competed in two Formula One Grands Prix, and won a NASCAR Pacific Coast Late Model race at Riverside in 1963, he never ran the Indy 500. In fact, he was offered a rookie test at Indianapolis, but turned it down for business reasons. Rookie Mario Andretti step

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Roger Penske Latest News

Team Penske stays the course after successful 2014

If you're looking for a major change at Team Penske, go back more than two years ago to the the switch from Dodge to Ford after the 2013 championship season. As team owner Roger Penske put it, that move quickly bore fruit. "Think about it," Penske said.
Posted: January 28, 2015, 3:18 pm

Hard to do better than Penske

Johnson approached Roger Penske -- the man who fielded cars for his childhood hero, Rick Mears -- with a point-blank question: "Would you consider me for Indy?" Not only did Penske consider, he agreed, and even arranged to summon Mears to serve as Johnson ...
Posted: January 25, 2015, 12:00 am

NASCAR Media Tour: Team Penske

Roger Penske said 2014 was probably the most successful season his NASCAR and Indy teams have had, 22 total wins. Joey Logano and Brad Keselowski combined for 11 of those. Keselowski's aggressive driving has left more than a few competitors wanting to rip ...
Posted: January 29, 2015, 3:34 pm

Team Penske Ready For More Success In 2015

Touting the cooperation among his teams which feature Brad Keselowski and Joey Logano returning to driving the #2 and #22 Fords respectively, owner Roger Penske zeroed in on that concept as the main reason for the organizations success last season.
Posted: January 29, 2015, 8:35 am

Simon Pagenaud gave Roger Penske fourth IndyCar early

CHARLOTTE – The prospects of adding Simon Pagenaud to the Team Penske IndyCar lineup for 2015 were so enticing that the team jumped through some logistics hoops to make it happen, even though adding a fourth car wasn't in the immediate plan, team owner ...
Posted: January 28, 2015, 3:38 pm
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