![]() He subsequently began his now famous Penske Racing in 1965, as well. Penske made his first professional racing start at the now-abandoned Marlboro Motor Raceway in Upper Marlboro, Maryland.īy 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. Starting in 1958, Penske purchased, raced and sold race cars, and was very successful both financially and on the track. In 10 years, Penske raced and sold about 32 cars. As a teenager he bought older cars, repaired them and sold them at a profit from his family's home in Cleveland, Ohio. 3 Complete Formula One World Championship resultsīorn in Shaker Heights, Ohio, Penske's father was a corporate executive for a metal fabrication company and encouraged his son to become an entrepreneur.He is a 1959 graduate of Lehigh University in Pennsylvania, where he was also a member of the Phi Gamma Delta fraternity. He has an estimated net worth of $1.1 billion. He was previously on the board of Home Depot and Delphi Automotive before resigning to chair the Detroit Super Bowl Committee. He also is one of the corporate directors at General Electric and was chairman of Super Bowl XL in Detroit, Michigan. He is also known by his nickname of "The Captain". After retiring from driving a few years later, he created one of the most successful teams in Ind圜ar Series and NASCAR racing. A winning racer in the late 1950s, Penske was named 1961's Sports Car Club of America Driver of the Year by Sports Illustrated. Penske also owns the most victories as an owner in the Indianapolis 500 15 owner victories. ![]() Penske (born February 20, 1937) is the owner of the automobile racing team Penske Racing, the Penske Corporation, and other automotive-related businesses. You will be surprised to know that his businesses generate revenues of $26 billion every year.20 1937 ( 1937- Template:Pad2digit- Template:Pad2digit) (age 86)ġ994 Indy 500 winning Penske PC23 driven by Al Unser, Jr. There has been a steep increase in his wealth over the past few years. As of 2023, he has been successful enough to make a net worth of over $2 billion. How much wealth will an entrepreneur have who has started selling cars and making profits from his teenage? Over the course of his career, he has established himself as one of the leading businessmen in the world. Roger Penske’s Net Worth & Salary in 2023 In 2014, he took a 51% share in Australian V8 Supercars making DJR Team Penske. His team first won the Daytona 500 in 2008 and then again in 2015. His team includes the world best professional racing drivers. He has a NASCAR team and Indy Car Series team with professional drivers. His squad become very successful and won him many matches. Penske racing team competed in Indianapolis 500 in 1969. In 1965 he retired as a driver to focus on his Chevrolet dealership. He even participated in two of the Formula One Grands Prix. Penske won NASCAR Pacific Coast Late Model race at Riverside in 1963. He became a well-known race car driver by 1960s. The man was successful in his business as well as racing. He was professionally skilled in buying and selling race cars. Penske started his first professional racing at Marlboro Motor Raceway in Maryland. Robert has a collection of extraordinary American and European automobiles. He is among one of the people who have rare Ferrari FXX. He is a car enthusiast and keen car collector. Their names are Roger Penske Jr., Jay Penske, Gregory Penske, Mark Penske and daughter Blair Penske. Roger Penske has two marriages in his life. Personal Life: Affair, Girlfriends, Wife, Kids
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