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Penske Corporation, Inc. (/ p ɛ n. s k iː /) is an American diversified transportation services company based in Bloomfield Township, Oakland County, Michigan. Roger Penske is the founder and chairman of the privately held company, and Rob Kurnick is the president.
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 Truck Leasing Co., L.P. is a joint venture of Penske Corporation, Penske Automotive Group, and Mitsui & Co. Headquartered in Reading, Pennsylvania , the company was founded by Team Penske owner Roger Penske on December 1, 1969.
International Speedway Corporation (ISC) was a corporation whose primary business was the ownership and management of motorsports race tracks.ISC was founded by NASCAR founder Bill France Sr. in 1953 for the construction of Daytona International Speedway and in 1999 it merged with Penske Motorsports to become one of the largest motorsports companies in North America.
*Note: this list includes joint-ventures based in Michigan, subsidiaries of Michigan-based companies also located in Michigan, and companies based in Michigan currently owned or controlled by private equity, venture capital, or other similar entities.
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 former professional driver. Penske is the owner of Team Penske, the Indianapolis Motor Speedway, IndyCar, and other auto racing-related
Roger Penske in 1999 acquired a controlling stake in the company, and in 2007 it was renamed Penske Automotive Group. The company's board of directors has 13 members, including Chairman and CEO ...
Lithia Motors, Inc. is an American nationwide automotive dealership group headquartered in Medford, Oregon. [7] It is the third largest new vehicle automotive dealership group in the United States, below AutoNation and Penske Automotive Group. [8]