Roger Penske, nicknamed "the Captain," is a prominent American businessman, former race car driver, and owner of Team Penske, the Indianapolis Motor Speedway, and IndyCar. He founded and chairs the Penske Corporation, a holding company encompassing his diverse business ventures. Recognized for his contributions, Penske was awarded the Presidential Medal of Freedom in 2019, solidifying his legacy in both the business and motorsports worlds.
On February 20, 1937, Roger Searle Penske, later known as "the Captain", was born. He would become a prominent figure as an American auto racing team owner, businessman, and former professional driver.
In 1937, Roger Penske was born in Shaker Heights, Ohio, to a devout Episcopalian family. He actively participated in church activities, including singing in the choir and serving as an acolyte. His father, a successful corporate executive, encouraged him to become an entrepreneur.
In 1955, Roger Penske graduated from Shaker Heights High School, marking a milestone in his early education.
In 1959, Roger Penske graduated from Lehigh University, where he was a member of the Phi Gamma Delta fraternity, completing his higher education.
In 1959, after graduating from college, Roger Penske joined Alcoa as a sales engineer, building on his earlier internship experience with the company.
In 1961, Roger Penske was named SCCA Driver of the Year by Sports Illustrated, recognizing his achievements in sports car racing.
In 1963, Roger Penske left Alcoa to become the manager of a Chevrolet dealership in Philadelphia, marking a significant step into the automotive business.
In 1963, Roger Penske won a NASCAR Pacific Coast Late Model race at Riverside, showcasing his talent in stock car racing.
In 1965, Roger Penske retired from racing to focus on his Chevrolet dealership in Philadelphia, Pennsylvania, marking a shift in his career from driver to businessman.
In 1966, Penske Racing made its debut at the 24 Hours of Daytona, initiating what would become a highly successful team in IndyCar Series and NASCAR racing.
In 1969, Roger Penske founded Penske Truck Leasing in Reading, Pennsylvania, by purchasing a truck rental and leasing business, expanding his business ventures.
On November 18, 2012, Penske won his first NASCAR Sprint Cup Championship with driver Brad Keselowski, marking a significant achievement in his racing career.
In 2017, Roger Penske received a kidney transplant from his son Greg, marking a significant event in his personal health and family life.
On September 16, 2018, driver Brad Keselowski won the South Point 400 at Las Vegas Motor Speedway, securing Penske's 500th race victory as an owner across all racing series.
On November 4, 2019, Roger Penske acquired the Indianapolis Motor Speedway, the Indianapolis 500, and IndyCar from the Hulman Family for an undisclosed amount, expanding his influence in the racing world.
In 2019, Roger Penske received the Presidential Medal of Freedom, after which he endorsed Donald Trump in the upcoming 2020 election.
In 2020, Roger Penske endorsed Donald Trump in the United States presidential election and contributed $45,000 to Trump's presidential campaign.
As of October 2023, Roger Penske's estimated net worth is $3.8 billion, reflecting his success in business and racing.
On April 9, 2025, Roger Penske and his NASCAR, IndyCar, and IMSA SportsCar Championship drivers and cars visited the White House.
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