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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]
The 132 Javelins purchased between 1971 and 1972 were the first pony cars used as regular highway patrol police cars by any U.S. law-enforcement organization. [107] The bid price was $3,047 for the 1971 police cruisers, and $3,242 for the 1972 model year versions.
1994 Indy 500 winning Penske PC23 driven by Al Unser Jr. Penske in 2005. 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