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The No. 5 Penske-entered Porsche 963 competing at the 2023 24 Hours of Le Mans. In May 2021 Porsche announced its return to FIA World Endurance Championship new category LMDh with Penske running their factory team. [23] [24] They announced their return to both WEC and IMSA for 2023 season running two new Porsche 963 in each competition. [25]
Penske Automotive was founded as United Automotive Group in 1990 by Marshall S. Cogan [2] and later came under the control of Penske Corporation and Roger Penske in May 1999. Several years later, on July 2, 2007, United Automotive Group changed its corporate name to Penske Automotive Group, Inc; and changed its ticker symbol on the NYSE to PAG. [3]
Penske Auto Centers – A former subsidiary that had operated auto repair centers within selected Kmart stores from 1995 [8] [9] until 2002. [ 10 ] [ 11 ] VM Motori S.p.A. [ 12 ] – 50% was bought in 2003 and the rest in 2007, but a 51% stake was sold to Fiat S.p.A. in February 2011, and the remainder sold to Fiat in 2013.
Penske Motor Group's flagship dealership is Longo Toyota in El Monte, California, the largest car dealership in the world at over 50 acres (200,000 m 2). [1] In addition to Toyota sales and service facilities, the El Monte dealership campus also includes a Starbucks , Subway restaurant, Verizon Wireless store, Enterprise Rent-A-Car agency, and ...
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The RS Spyder (Type 9R6) is a racing car designed by Porsche in conjunction with Penske to compete in Le Mans Prototype Class 2 (LMP2) racing. [2] The car takes its name from the legendary Porsche 550 Spyder of the 1950s (combined with Porsche's common "RennSport" (lit.: racing sports) designation).
Penske Used Trucks is an operating unit of Penske Truck Leasing that sells off-lease trucks, semi-trucks, trailers, and other trucking-related equipment directly to businesses and to the used truck wholesale marketplace. This unit sells semi-tractors, semi-trailers, straight trucks, and other equipment for light-, medium-, and heavy-duty ...
In late 2007, Penske Racing announced that the No. 77 team would return to racing with Mobil 1 as a sponsor and that Sam Hornish Jr., one of Penske's IndyCar series drivers, would switch to NASCAR full-time and drive the car in 2008. The team underwent a points swap with Kurt Busch's No. 2 car to guarantee Hornish a spot in the first five races ...