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

Roger Penske on Logano: 'Harvick is going to have to beat him to win it'

HOMESTEAD, Fla. — Roger Penske in some ways dismissed the mind games being played this week in the days leading up to the Sprint Cup Series championship race Sunday. Or maybe, just maybe, Penske was playing a little mind games of his own. In a response ...
Posted: November 15, 2014, 6:11 pm

Right Time To Buy A Saturn?

A last ray of hope for the ailing brand broke through the gloom when Roger Penske, the former Indy 500 champ and owner of the Penske Automotive Group of dealerships, tentatively agreed to take over the Saturn lineup and its 350 outlets. But on September 29 ...
Posted: December 19, 2014, 11:04 am

Brad Keselowski live-tweets Joey Logano’s wedding

lol" — Brad Keselowski (@keselowski) December 14, 2014 Live reports- I've officially lost my date @epaigewhite to Roger penske's mad dance skills. — Brad Keselowski (@keselowski) December 14, 2014 Update- @BubbaWallace and I are in a debate over the ...
Posted: December 15, 2014, 12:14 pm

Roger Penske still revved to succeed, now on Supercars

Just when you think Roger Penske might rest on his laurels — take a long boat trip, do some fishing, relax in the sun — he decides to go racing on the other side of the globe and launch new business interests simultaneously. The 77-year-old Birmingham ...
Posted: September 19, 2014, 1:58 am

Roger Penske supports Brad Keselowski after another fight

CHARLOTTE, N.C. (AP) -- Roger Penske on Monday gave his unwavering support to driver Brad Keselowski, who has now been involved in two post-race fights in four races. Keselowski was confronted by Jeff Gordon on Sunday at Texas Motor Speedway, where the two ...
Posted: November 4, 2014, 12:58 pm
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