Roger Penske: Founder of Penske Corporation and Owner of Team Penske
Business Owner · Automotive
Roger Penske bought and repaired used cars as a teenager, became SCCA Driver of the Year in 1961 and built the Penske Corporation, Team Penske and ownership of the Indianapolis Motor Speedway.
About Roger Penske: Founder of Penske Corporation and Owner of Team Penske
Roger Searle Penske (born February 20, 1937, in Shaker Heights, Ohio), often called "the Captain", is an American auto racing team owner, businessman and former professional racecar driver. He owns Team Penske, the Indianapolis Motor Speedway, IndyCar and other racing-related businesses, and is the founder, chairman and namesake of the Penske Corporation, a holding company for his various businesses. He received the Presidential Medal of Freedom from President Donald Trump in 2019. Penske was born into a devout Episcopalian family and as a boy sang in the church choir and served as an acolyte. His father, Jay, a successful executive at a metal fabrication company, encouraged him to become an entrepreneur, and as a teenager Penske bought older cars, repaired them and sold them at a profit from the family's home outside Cleveland. After graduating from Shaker Heights High School in 1955 he attended Lehigh University, where he was a member of Phi Gamma Delta, and graduated in 1959. His first racing venture was hillclimbing, followed by road-course racing in Porsches with the Philadelphia Region of the Sports Car Club of America. Sports Illustrated named him SCCA Driver of the Year in 1961; he competed in two Formula One Grands Prix and won a NASCAR Pacific Coast Late Model race at Riverside in 1963. Sources: English Wikipedia (Roger Penske, accessed September 2026).
Basic Information
Founder and Chairman, Penske Corporation; owner, Team Penske and Indianapolis Motor Speedway
Company Details
Penske Corporation
Automotive Retail, Motorsports, Transportation
Related Business Owner
Latest Articles
Alana Evans Net Worth in 2026 – Income Sources, Career & Earnings
Amy Lee Net Worth 2026: Income Sources, Evanescence Career & Personal Life
Abz Love Net Worth 2026: Five Star’s Career, TV Comeback & Income Breakdown
