Penske kicking Saturn's tires

DETROIT, May 5 (UPI) -- Penske Automotive Group Inc. says it is looking at purchasing the Saturn brand from U.S. auto giant General Motors Corp.
Penske suggests a car sales fee

Penske suggests a car sales fee

LOS ANGELES, Nov. 21 (UPI) -- Businessman and auto racing legend Roger Penske said a restructuring fee of up to $500 on every new car sold could dig U.S. automakers out of trouble.

Ryan Briscoe wins IRL race in Wisconsin

WEST ALLIS, Wis., June 1 (UPI) -- Ryan Briscoe won Sunday's IRL ABC Supply/AJ Foyt Indy 225 at West Allis, Wis., under a caution flag ahead of Scott Dixon.

IndyCar racing returning to Detroit

DETROIT, Sept. 28 (UPI) -- Detroit is trying to get IndyCar racing back to the city and is reportingly eyeing a spot on the circuit's calendar next September.

Hornish Jr. wins Indy 500

INDIANAPOLIS, May 28 (UPI) -- Sam Hornish Jr. edged past Marco Andretti Sunday to cross the finish line first in the 90th running of the Indianapolis 500.

Hornish joins Penske Racing

READING, Pa., Aug. 26 (UPI) -- Penske Racing has announced that two-time defending Indy Racing League champion Sam Hornish Jr. will join the team next season.

Penske switches from Ford to Dodge

CONCORD, N.C., Oct. 13 (UPI) -- After months of discussions, Penske Racing announced Sunday it will switch from Ford to Dodge for the next three years on the NASCAR Winston Cup circuit.

Penske, Kmart battle in bankruptcy court

CHICAGO, April 8 (UPI) -- Attorneys for Penske Auto Centers faced off with lawyers for Kmart Corp. in federal bankruptcy court Monday as the companies fought over whether to continue aut

Kmart, Penske to meet in bankruptcy court

TROY, Mich., April 7 (UPI) -- Kmart Corp. and Penske Auto Centers LLC will appear in bankruptcy court on Monday, in Chicago, as the two companies decide whether service centers will continue

Penske leaves CART for IRL

READING, Pa., Dec. 6 (UPI) -- Roger Penske, the winningest team owner in Indy car history, will leave CART to join the rival Indy Racing League next season.

Penske Racing releases Mayfield

MOORESVILLE, N.C., Oct. 2 (UPI) -- Penske Racing on Tuesday released NASCAR Winston Cup driver Jeremy Mayfield.
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Roger Penske
2006 Indianapolis 500 Winner Sam Hornish Jr and team owner Roger Penske pose with the Borg Warner Trophy at the Indianapolis Motor Speedway in Indianapolis, IN on May 29, 2006. This was Hornish's first Indy victory and the 14th for Penske as an owner. (UPI Photo/ Mike Bryand)

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. 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 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.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Roger Penske."
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