History of Roger Penske in Timeline
Roger Searle Penske is a retired American race car driver better known as the owner of Team Penske, a successful racing team. He also owns the Indianapolis Motor Speedway, IndyCar, and other businesses related to auto racing. He is the founder and chairman of the Penske Corporation, a holding company, and has been awarded the Presidential Medal of Freedom.
February 20, 1937: Birth of Roger Penske
Roger Searle Penske was born on February 20, 1937, marking the beginning of the life of a future auto racing legend and business mogul.
1955: Graduation from Shaker Heights High School
In 1955, Roger Penske graduated from Shaker Heights High School, setting the stage for his future academic and professional achievements.
1959: Graduation from Lehigh University
Roger Penske graduated from Lehigh University in 1959, where he was a member of the Phi Gamma Delta fraternity, furthering his education and preparing for a successful career.
1961: Named SCCA Driver of the Year
In 1961, Roger Penske was named SCCA Driver of the Year by Sports Illustrated, recognizing his exceptional skills and achievements in auto racing.
1963: Won NASCAR Pacific Coast Late Model race
On 1963, Roger Penske won a NASCAR Pacific Coast Late Model race at Riverside, showcasing his prowess in various racing formats.
1965: Retirement from Racing
Roger Penske retired as a driver in 1965 to focus on his first Chevrolet dealership in Philadelphia, Pennsylvania, marking a significant shift in his career.
1966: Penske Racing Debut
In 1966, Penske Racing made its debut at the 24 Hours of Daytona, laying the foundation for what would become one of the most successful teams in auto racing history.
November 18, 2012: First NASCAR Sprint Cup Championship
On November 18, 2012, Roger Penske won his first NASCAR Sprint Cup Championship with driver Brad Keselowski, achieving a significant milestone in his career as a team owner.
September 16, 2018: 500th Race Victory as an Owner
On September 16, 2018, driver Brad Keselowski won the South Point 400 at Las Vegas Motor Speedway, giving Roger Penske his 500th race victory as an owner across all racing series.
November 4, 2019: Acquisition of Indianapolis Motor Speedway
On November 4, 2019, Roger Penske acquired the Indianapolis Motor Speedway, the Indianapolis 500-mile race, and IndyCar from the Hulman Family, expanding his influence in the world of motor racing.
2019: Received Presidential Medal of Freedom
In 2019, Roger Penske was awarded the Presidential Medal of Freedom, the highest civilian honor in the United States, recognizing his contributions to auto racing and business.
October 2023: Net Worth Estimated at $3.8 Billion
As of October 2023, Roger Penske's estimated net worth is $3.8 billion, reflecting his success and influence in the business and racing worlds.
