Aug 10
31
NASCAR on FOX: Chat with Penske
Aug 10
30
Roger Penske – Saturn’s savior?
Steve Parker
Journalist/Broadcaster covering the auto industry and auto racing for 35 years.
Posted: May 6, 2009
Roger Penske is making a bid for Saturn.
The Captain in full regalia and command at last month's Long Beach Grand Prix IndyCar race (www.SteveParker.com photo).
The 72-year old Penske, the highly successful head of Bloomfield Hills, MI, Penske Automotive Group, which operates more than 300 franchises in the United States and internationally, selling 40 different brands, told the Paul Smith Show on WJR radio in Detroit on Tuesday morning that he’s not interested in manufacturing Saturns, but in distributing them between the factories and their dealers.
Read the rest of Roger Penske – Saturn’s savior? »
Age: 69
Fortune: self made
Source: Cars
Net Worth: 2.0
Country Of Citizenship: United States
Residence: Birmingham, Michigan, United States, North America
Industry: Shipping/Trucking/Transport
Marital Status: married, 5 children
Lehigh University, Bachelor of Arts / Science
Star racecar driver retired from racing in 1965 at age 28. Worked for Alcoa; left, bought Chevy dealership. Started Penske Corp. 1969: truck leasing, truck parts manufacturer, diesel engine maker, auto dealerships. In addition controls more than 250 dealerships in the U.S. and Europe as chairman of United Auto Group, nation’s second-largest auto dealer. Owns 2 Indy car teams, 3 Nascar teams; part-owner of Deer Valley ski resort in Utah.
Aug 10
30
Q&A, Smart fortwo 2008
Aug 10
30
Roger Penske and Penske Racing
Roger S. Penske is the founder and chairman of Penske Corporation, a closely-held diversified transportation services company whose subsidiaries operate in a variety of segments, including retail automotive, truck leasing, transportation logistics, transportation component manufacturing and professional motorsports.
Read the rest of Roger Penske and Penske Racing »
Sunday, August 22, 2010
By Jim Peltz
Los Angeles Times
SONOMA, Calif. — When IndyCar team owner Roger Penske announced last November that he would give Will Power a full-time ride this season, Penske asserted that Power could be “a legitimate championship contender.”
Read the rest of Will Power a convincing winner at Indy Grand Prix of Sonoma »
Aug 18, 2010 3:49 pm
Will Power swears his name is not a joke or a carefully crafted moniker put together by a public relations team.
To be honest, the IndyCar driver’s mother wanted to call him Liam. His father suggested they instead name their son after his great grandfather.
Read the rest of Power Back To Sonoma, A Year After Horrific Crash »
Geoff Burke/Getty ImagesBrad Keselowski, the pole-sitter for Saturday's Carfax 250 at Michigan International Speedway, leads the Nationwide Series standings by 327 points.
August 14, 2010
ESPN Racing
BROOKLYN, Mich. — Brad Keselowski is a Michigan man. He bleeds maize and blue. On Thursday he even attended the Wolverines’ football practice, part of the perks of being a native son in the big time.
Read the rest of Can Brad Keselowski deliver for Penske? »
August 11, 2010
SpeedTV
Roger Penske will be back on home ground this weekend, when the NASCAR Sprint Cup and Nationwide Series race at Michigan International Speedway, the track Penske built before selling it to International Speedway Corp.
Read the rest of CUP: Penske Wants Chase Points Tweaked »
July 30, 2010
BY JEWEL GOPWANI
FREE PRESS BUSINESS WRITER
Retail transactions up just 9% from 2009
While auto sales have rebounded since last year’s downturn, that surge is being driven by fleet sales to rental companies and other businesses, said Roger Penske, CEO of Penske Automotive Group.
Read the rest of Penske: Fleet sales powering auto industry’s sales increase »
May 27, 2010
Tribune-Star Correspondent
INDIANAPOLIS — When the Indianapolis Motor Speedway Company was born in 1909, how could the founding fathers, Carl Fisher, James Allison, Arthur Newby and Frank Wheeler, have known the impact that 320 acres of overpriced farmland would have on the world?
Read the rest of Roger Penske set the bar for Indianapolis 500 excellence »
Sam Hornish Jr. will remain with Penske Racing in 2011.
April 26, 2010
TALLADEGA, Ala. – Penske Racing owner Roger Penske said he plans to have Sam Hornish Jr. return to the organization’s Sprint Cup stable in 2011.
A three-time Indy Racing League champion, Hornish is in his third full season in the series and the last year of his contract.
Read the rest of Roger Penske: Sam Hornish Jr. staying for 2011 »
By Seth Livingstone, USA TODAY
June 7, 2009
Roger Penske, known for his successful racing teams, in addition to being the nation’s second-largest auto dealer, has struck a tentative deal to buy the Saturn brand from General Motors. USA TODAY spoke with Penske on Sunday at Pocono Raceway in Long Pond, Pa.
Read the rest of Roger Penske: ‘We’re going to build a Saturn team’ »
June 5, 2009
by Todd Lassa
Motor Trend Blog
DETROIT – General Motors says it’s in the early stages of exclusive negotiations (a memorandum of understanding, or MOU) to sell Saturn division to Penske Automotive Group. The man whose team won the Indianapolis 500 this year, Roger Penske, will sign franchise agreements with any of the 353 Saturn dealers that want to remain in the business of selling new cars.
Read the rest of Roger Penske – The Man Who Should Run GM – Will Buy Saturn »
May 20, 2009
Edmund’s Inside Line
DETROIT — As time grows short for General Motors’ June 1 reorganization deadline to avoid bankruptcy, reports are gathering steam that Roger Penske’s Penske Automotive Group is planning to bid for GM’s Saturn unit. GM’s restructuring plan calls for elimination of the brand by year’s end, although the company has said it could continue to build Saturns under contract to any new owner until the end of 2011.
FOX Sports
Jan 19, 2009
Penske Racing announced that it will team with Verizon Wireless to field a full-season entry in the 2009 NASCAR Nationwide Series. The No. 12 Verizon Wireless Dodge Charger will be driven by Justin Allgaier, the 2008 ARCA RE/MAX Series champion.
Read the rest of Verizon to Stay with Penske Racing »
