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Penske-Kranefuss Racing: used from 1998 until 2001 when Michael Kranefuss, who had previously fielded a car with Carl Haas as a partner, merged his team with Penske's and brought Jeremy Mayfield, his driver, into the Penske fold in car No. 12. The partnership ended after 2001, but Penske continues to run car No. 12 to this day.
The Penske PC4 was a Formula One car used by Team Penske during the 1976 and was driven to victory in that year's Austrian Grand Prix by John Watson, scoring the last win for an American-licensed constructor in a F1 race. [2] It was used for most of the following season by ATS Racing and Interscope Racing also used the PC4 for two races that year.
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 silently fumed at the criticism — which included a bold call from Michael Andretti for the 87-year-old Penske to sell IndyCar if he won't up his investments into series marketing and ...
Roger Penske made several changes for 1996, particularly after the Penske team failed to qualify for the 1995 Indianapolis 500.Some of the differences between the PC-25 and the 1995 car, the Penske PC-24, were that it had better aerodynamics and was powered by the Mercedes-Benz IC 108C turbocharged V8 engine producing 900 brake horsepower.
The Penske PC-26 was a open-wheel racecar designed by Nigel Bennett and manufactured by Penske Cars in Poole, Dorset, that was used by Team Penske to compete in the 1997 CART Championship. [1] Whilst a development of the PC-25, the PC-26 was designed to address the twitchy nature of the previous year's car.