In 1995, he was inducted into the Motorsports Hall of Fame of America, and in 1998 was an inductee to the International Motorsports Hall of Fame. Penske is the former president and CEO of Penske Motorsports, Inc., which operated racetracks across the country, including the development of the Auto Club Speedway (formerly California Speedway) in Fontana, California. June 20, 1997 12 AM PT. He went to Cornell University, where he earned his bachelors degree in business management. 64 in the country. Gregory W Penske is the director of International Speedway Corp. His father is race car team owner and entrepreneur Roger Penske . . purchase For reference, Colts owner Jim Irsay sits 12th ($3.5 billion) in the U.S. sports industry, and Pacers owner Herb Simon isnt listed. and Roger Penske was born on February 20, 1937 in Shaker Heights, Ohio. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Though it's not presently known how close Penske was in September to this years Forbes 400 cutline of $2.9 billion, hes now reached that mark, according to Forbes Real-Time Billionaires List. Gregory is successfully operating the Penske Motor Group. Based on ownership reports from SEC filings, as the reporting owner, Gregory W Penske owns 3 companies in total, including The ceremony was held at the Bountiful Temple in Bountiful, Utah. During the past 18 months, 0 shares of International Speedway Corp (ISCA) were sold and 0 shares were bought by its insiders, resulting in a net Neighbors like Naomi Nightingale were stunned,. When it comes too fast, there might be something wrong with it.. Roger Penske Age and Other Info Is the age of Roger Searle Penske is a mystery to you? of 0 shares. It added to his lifelong experiences with cars and led him to his massive success. Danica Patrick - $70 Million. Overall, Penske Racing has racked up more than 500 victories and over 40 championships in total. Roger Penske is best known for creating one of the most successful teams in NASCAR and IndyCar Series racing. Greg Erwin Gregory A. Erwin (born April 19, 1970) is an American stock car racing crew chief. Gregory W Penske is the director of Penske Automotive Group Inc. On this Wikipedia the language links are at the top of the page across from the article title. In the last 14 years, insiders at Penske Automotive Group,. Chief Operating Officer Jana Markowicz He has worked as the crew chief for Robby Gordon Motorsports, Roush Fenway Racing, Team Penske, and Wood Brothers Racing at the NASCAR Cup Series, and for Penske in the NASCAR Xfinity Series. Roger Penske's income source is mostly from being a successful Miscellaneous. Her father first started his career with one car dealership in 1965, which was created with a $75,000 loan from her grandfather. Gregory has a very long and extraordinary career as a businessman and entrepreneur. However, Roger wished that both of his sons should know about all of his companies. He already started to work to meet his dream when he was in college. However, Pence didn't always have that much cash lining his wallets. Roger and Gregory. Not totally. Driving Roush Fenway Racing's No. Blair has maintained privacy regarding her personal life. Over the years since, Penske Racing has competed in the NTT IndyCar Series, the FIA World Endurance Championship, and the NASCAR Cup Series, as well as myriad other professional racing events such as Formula One, Trans Am, and Australian Supercars. He is mostly known as the owner of the "Penske Corporation", but also for being involved in other businesses. Gregory serves as the chairman and CEO of Penske Motor Group. . The most recent stock trade was executed by Shane M. Spradlin on 22 February 2023, trading 4,389 units of PAG stock currently worth $654,180. I want to be on the leading edge with our people and the company. of 300,000 shares made by Michael J Arougheti One of Penskes longtime sponsors in both NASCAR and IndyCar trails the elder Garcia. All net worths are calculated using data drawn from public sources. Mark Martin - $75 Million. Though, he is 1.70 m tall, he weighs about 70 kg. All Systems Roger. Blair is the only daughter with four other siblings. The most active insiders traders include Roger S Penske, Corp Penske, and Michael R Eisenson. According to a recent analysis o and the business insiders, we have got that the estimated net worth of Greg Penske is more than a couple of million. Roger Goodell Hints At New Model For Thursday Night Games Amid Ratings Slump, Verizon Continues Its Valuable Sponsorship With 2-Time IndyCar Champion Will Power At Team Penske, Roger Clemens Reveals Which Ex-President Hed Love To Golf With, Roger Penske Becomes First Team Owner To Win Nascar Cup Series And NTT IndyCar Series Championships In The Same Year, The Forbes 400 2022: 10 Richest Newcomers, The Forbes 400 2022: 10 Billionaires Under 40, Brittney Griner, Roger Penske And M&Ms: This Weeks Most Interesting Sports Business Stories, Roger Penske Finally Gets The Indianapolis 500 Hes Dreamed Of, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Where Does Roger Penske Live? The Petersen Automotive Museum offers both in-person education and online learning in a variety of automotive concepts including car history, vehicle design, mechanical engineering, and the future of the automotive industry. CAO & VP & Treasurer Scott C Lem Blairs mother, Kathy Penske, is a businesswoman and an entrepreneur. Back in April 2020, Forbes listed Penske as worth $1.1 billion, a steep drop-off from what he was listed at via the sites real-time tracker at the time he announced plans to purchase IMS and the IndyCar series from Hulman & Co. Nov. 4, 2019 ($1.6 billion). He has a net worth of 1.5 billion dollars. He was a star player during his college days but did not continue. More on His Net, Jill Leiderman | Net Worth, Salary, Husband, &, Courtney Hadwin | Net Worth, Age, Bio, Boyfriend,, Buddy Jewell | Net Worth, Family, Wife, &, Who is Marty Raybon? Penske Automotive Group Inc (PAG)'s detailed insider trading history can be found in Insider Trading Tracker table. Roger Penske Net Worth. International Speedway Corp (ISCA) In summary, during the past 3 months, insiders sold 0 shares of Ares Capital Corp (ARCC) in total and bought 0 shares, with a net Over the past 18 months, The business is best known for its auto dealerships, which sell new and used cars, and its iconic yellow rental trucks. The most active insiders traders include Roger S Penske, Corp Penske, and Michael R Eisenson . As his father owned many cars and racetracks, Gregory spent most of his time around cars. Penske Corporation is the holding company of Penske's activities. Blair Penske is the only daughter of billionaire businessman Roger Penske and his wife Kathy Penske. Sitting No. GuruFocus.com is not operated by a broker or a dealer. Photo Credit: Celebrity Net Worth Roger Penske Nationality. Gregory's mailing address filed with the SEC is 2555 TELEGRAPH RD., , BLOOMFIELD HILLS, MI, 48302. Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. . Penske's estimated net worth is $3.2 billion as of 2023. Other recent insider transactions involving Penske Automotive Group Inc (PAG) include He was more focused on dealerships and running the company that his father owned. John Menard Jr., the founder and owner of his namesake midwestern chain of home improvement stores, has had his brand featured as the primary sponsor of former Team Penske IndyCar driver Simon Pagenauds No. Another son, Jay, has created a booming media empire of his own. He made his first professional start at the Marlboro Motor Raceway in Maryland. Blair is the only daughter in the Penske family. He is a member of the Toyota Parts and Service Advisory Council, the Toyota President's Cabinet and the Toyota Board of Governors and Lexus League of Elite Dealers. Greg Penske's grandparents: Greg Penske's grandfather was Gordon Stouffer Greg Penske's grandmother was Ina Mae Marshman Greg Penske's grandfather is Julius H Penske. The team went on to win a championship race at the Tyrepower Tasmania SuperSprint in 2017, and the Bathurst 1000 in 2019. His rise to the status of one of the worlds wealthiest people is a direct result of this success. On average, Penske Automotive Inc executives and independent directors trade stock every 43 days with the average trade being worth of $22,839,169. Details on His Net, Maye Musk | Net Worth, Age, Husband, Family,, Nina Axelrods Net Worth & Husband | Where, Matthew Tyler Vorces Net Worth, Education, Family &. The most recent stock trade was executed by Shane M. Spradlin on 22 February 2023, trading 4,389 units of PAG stock currently worth $654,180. a Presidential Medal of Freedom, which President Trump declared in June 2019. Roger Penske Net Worth His net worth is estimated at $3 billion. of 11,418 shares. The company focuses on investing primarily in U.S. middle-market companies with investment opportunities as well as in larger companies. The company is based in Michigan and was called United Auto Group before changing its name in 2007. After inquiring, he brought it by spending all his savings along with some loan. Penske received the Young Leadership and Excellence Award from the Automotive Hall of Fame in 1997. Whats more, it represented a near-doublingof his net worth from April 2020 to April 2021, falling in line with the trend of Americas richest billionaires, who collectively saw their fortunes increase 40% from the summer of 2020until last month. Who is the CEO of Penske? More on His Net, Jill Leiderman | Net Worth, Salary, Husband, &, Courtney Hadwin | Net Worth, Age, Bio, Boyfriend,, Buddy Jewell | Net Worth, Family, Wife, &, Who is Marty Raybon? Katy Williams . Continue with Recommended Cookies, Your email address will not be published. Roger Penske was born on the 20th of February 1937, which was a Saturday. Parents-to-be: Jay Penske and Elaine Irwin,. Greg Biffle Net Worth - $50 million. 2023 Celebrity Net Worth / All Rights Reserved. Kathy is the partner of actor Roger Penske. Gregory was born and raised under the shadow of his racer father and brother. All rights reserved. It is more than enough to bring his net worth to millions of USD. Other key executives at Penske Automotive Group Inc include Vivian Lake Brady is a famous child. Her net worth is assumed to be in hundreds of millions. Mr. Penske joined our Board in May 2020, has served as our Vice chair of the Board since January 2023 and was previously our Director from May 2014 to May 2017. He serves on the Board of Directors for Penske Corporation (holding company for Penske Automotive Group, Penske Motor Group, Penske Truck Leasing, and Team Penske), Southern California Toyota Dealership Advertising Association, Friends of Golf, Petersen Automotive Museum, and is an advisor to Nucleus Scientific Inc. Roger Penske Net Worth: $2.5 Billion. Kathy Penske Maiden Name and Nationality Penske attended the Episcopal Academy in Philadelphia and graduated from Cornell University in 1984, where he earned a degree in business management. By using biographytalks.com you agree to our Terms of use and Privacy Policy. Greg Penske overall profits continue to grow daily, and he is gaining popularity on all sides. In 1973, the team recorded its first NASCAR win. Amazons coverage of NFL Thursday Night Football games averaged less than half as many viewers as Sunday and Monday games this season. In summary, during the past 3 months, insiders sold 0 shares of International Speedway Corp (ISCA) in total and bought 0 shares, with a net 0 1,220 . He shared that he enjoyed reading the financial statements as if they were some great books. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographytalks_com-large-mobile-banner-1','ezslot_9',136,'0','0'])};__ez_fad_position('div-gpt-ad-biographytalks_com-large-mobile-banner-1-0');Gregory, along with his brother, has been looking after their fathers business. [1][2] Headquartered in El Monte, California, Penske Motor Group currently operates five dealerships in California and Texas and is a division of Penske Corporation. From a very young age Roger was interested in cars and that was one of the reasons why he started buying old cars and after restoring them, Roger sold these cars.