![]() ![]() As a teenager in the 1950s, he would buy "junker" cars, make repairs on them, and sell them at a profit from his parents' home in suburban Cleveland, Ohio. A KNACK WITH CARSĮven from an early age, Penske had a knack for fixing auto mobiles. After retiring from driving, Penske became one of the most successful and best-known car and track owners in the history of motor sports. Basing his achievement on his stringent guidelines for setting goals, Penske made race-car driving an obsession that eventually earned him a driving record held by only a few talented drivers. Penske discovered his niche in life early, when, as a teenager, he began refurbishing and racing cars and selling them for profit. Penske was the chairman of the board and chief executive officer (CEO) of Penske Corporation, which he founded in 1969. ■ In 2004 the transportation executive and auto-racing legend Roger S. Chairman of the board and chief executive officer, Penske Corporation and its subsidiary, United Auto Groupīorn: February 20, 1937, in Shaker Heights, Ohio.įamily: Son of Jay (vice president of metal fabrication company) and Martha (housewife and community volunteer) married Kathryn children: five.Ĭareer: Alcoa Aluminum, 1959 –1963, sales engineer George McKean Chevrolet, 1963 –1965, general manager and, later, owner 1965 –1969, owner of several automobile dealerships, a truck-leasing operation, and two racing-tire distributors Penske Corporation, 1969 –, president and CEO United Auto Group, 1999 –, chairman and CEO.Īwards: Named SCCA Driver of the Year, Sports Illustrated, 1961 named Driver of the Year, New York Times, 1962.Īddress: Penske Corporation, 8801 North Haggarty Road, Ann Arbor, Michigan 48107 United Auto Group, 2555 Telegraph Road, Bloomfield Hills, Michigan 48302-0954.
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