Roger Penske is the founder, chairman, and CEO of the transportation services provider Penske Corporation. He is the founder and CEO of the Penske Automotive Group. He is a former professional auto racer who owns multiple companies and numerous professional racing teams, notably Team Penske and DJR Team Penske (an association between Dick Johnson Racing Team and Roger Penske).
Quick Facts
Celebrated Name: | Roger Penske |
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Real Name/Full Name: | Roger Searle Penske |
Gender: | Male |
Age: | 85 years old |
Birth Date: | 20 February 1937 |
Birth Place: | Shaker Heights, Ohio, United States |
Nationality: | American |
Height: | 1.70 m |
Weight: | 70 kg |
Sexual Orientation: | Straight |
Marital Status: | Married |
Wife/Spouse (Name): | Kathy Penske |
Children: | Yes (Jay Penske, Gregory Penske, Blair Penske, Mark Penske, Roger Penske Jr.) |
Dating/Girlfriend (Name): | N/A |
Profession: | American businessman |
Net Worth in 2024: | $2 billion |
Roger Penske Biography
Roger Penske was born in Shaker Heights, Ohio, on February 20, 1937, to a businessman father. Perhaps from a very young age, his father had an impact on his business savvy. He left Lehigh University, started customizing used cars, and started selling them for a profit.
Roger Penske was able to sell 32 cars over the span of ten years starting in 1958. He started racing during that period, and by 1960, he was well-known as a racing figure. He had achieved a number of victories. He participated in two Formula 1 Grand Prix competitions in 1963, and he also went on to win the NASCAR Pacific Coast Late Model Race. In order to focus on his business affairs, he raced for two more years before retiring from professional auto racing in 1965.
Roger Penske’s Age, Height, Weight
Roger Penske was born on February 20, 1937, He is 85 years old as of 2024. He stands 1.70 meters tall and weighs 70 kilograms.
Career
The aspiring businessman established one of the most prosperous teams in the IndyCar Series (an open-wheel racing competition) and NASCAR racing following Roger’s retirement in 1965. (an auto-racing sanctioning and operating company). Although his first team was first unveiled in 1966, it didn’t compete in the Indianapolis 500 until 1969, and it didn’t achieve its first victory until 1972. In 1973, the squad earned its first NASCAR victory. He amassed the most victories as an owner in the Indianapolis 500. (16 victories). He acquired stock in Dick Johnson Racing Team in 2015, which later changed its name to DJR Team Penske.
Awards and Successes
Not only as a racing car driver but also as an entrepreneur, Roger Penske has achieved a great deal.
- 1998 saw the International Motorsports Hall of Fame’s induction.
- 1995 – Induction into the American Motorsports Hall of Fame.
- Inclusion in the Hall of Fame for Auto Racing.
- Induction into the Automotive Hall of Fame in 2015.
Roger Penske’s Net Worth In 2024
Roger Penske’s net worth was a staggering $2 billion as of February 2024. His businesses bring in up to $26 million a year in revenue, which adds to his huge net worth. His tremendous fortune also includes his amazing collection of modified and purchased cars, which includes a Ferrari FXX.
Since the 1960s, when he was selling modified vehicles, Roger Penske has been a pragmatic businessman. He was equally successful in his business and racing pursuits. His commitment to excellence at work has enabled him to take on significant responsibilities in the racing industry, and Penske’s contributions to American auto racing are indispensable. His talent and caliber definitely make him a rare treasure.
Roger Penske Wife, Marriage
Roger Penske’s first wife Lisa Stouffer gave birth to two children, Roger Jr. and Gregory, while his second wife Kathy Penske gave birth to three children, Blair, Mark, and Jay Penske. He was married twice. He also engages in charitable work. In addition to this, he was considered a viable candidate for the office of mayor of Detroit, a position he politely denied, due to his influence and diplomatic skills.