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Former logo used until 2013 Team Penske No. 2 hauler set for parade down Las Vegas Strip – 2015. Team Penske (formerly Penske Racing) is an American professional auto racing organization, competing in the IndyCar Series, NASCAR Cup Series, IMSA SportsCar Championship and FIA World Endurance Championship.
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.
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).
Roger Searle Penske (born February 20, 1937) is an American auto racing team owner, businessman, and retired professional driver. Penske is the owner of Team Penske , the Indianapolis Motor Speedway , IndyCar , and other auto racing-related businesses.
From 1995, other marques were added with the acquisition of Mercedes-Benz, Ferrari and Audi franchises in Bristol, Loughborough and Leeds. In 1996 the group opened Land Rover, Jeep and Porsche dealerships in Stockport and Reading. The group floated on the London Stock Exchange in 1997, as the Sytner Group PLC. [8]
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