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

Kes: Being popular never was No. 1 goal

Afterward, team owner Roger Penske noted that any harsh feeling toward his driver was likely due to jealousy on the part of others. Keselowski leads the series in wins this season, and has five poles. "Nobody likes to see a guy win like that," Penske said ...
Posted: October 22, 2014, 2:50 pm

Keselowski Vow: I Will Not Be ‘Run Out Of The Sport’

FORT WORTH, Texas – Brad Keselowski will continue his pursuit of a second NASCAR Sprint Cup Series championship with team-owner Roger Penske’s blessing to be his own Bad Self. Keselowski qualified for the eight-driver Eliminator Round of the Chase for ...
Posted: October 21, 2014, 9:12 am

Roger Penske defends Keselowski, says other drivers “jealous” of his success

Brad Keselowski‘s reputation in the Sprint Cup garage appeared to take a hit following last weekend’s post-race proceedings at Charlotte Motor Speedway. Keselowski was able to shake it off and win today’s GEICO 500 at Talladega Superspeedway to ...
Posted: October 19, 2014, 10:11 pm

Gentilozzi races to record 30th Trans-Am victory

Gentilozzi had shared the victory mark with Mark Donohue. "I see Roger Penske quite a bit," Gentilozzi said about Donohue's former team owner. "He chided me, saying I couldn't get over the hump. Really, we talk about this as Mark's record, but it's also ...
Posted: October 22, 2014, 2:23 pm

According To Denny Hamlin, "Nobody Wants To Be Brad"

Denny Hamlin made the below comments in reference to Roger Penske coming to the defense of Keselowski (following Charlotte) and asserting that other drivers are jealous of him. There is nobody jealous of Brad. Nobody wants to be Brad. While Hamlin’s ...
Posted: October 22, 2014, 2:35 pm
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