Roger Penske Net Worth

Currently of age 80, Roger Penske is familiar as an American based entrepreneur engaged in official auto racing. This celebrity is most renowned for his proprietorship of DJR Team Penske, Team Penske, the Penske Corporation, as well as many other automotive-based businesses. It is known that Penske holds the greatest victories being an owner in Indianapolis 500 along with 16 owner wins. You may be wandering to get details net worth of Roger Penske, you can get it below:

Roger Penske Biography

Birthplace of Roger Penske is Shaker Heights, located in Ohio. His father was recognized as a business executive for a metal fabrication based firm as well as motivated his son to be an entrepreneur. Being a teenager he purchased older cars, got it repaired and later sold them at revenue from his home of family in Cleveland, in Ohio. In span of 10 years, Penske actually raced and vended about 32 cars. He left his study in Lehigh University.

Roger Penske Net Worth 2017-2018

Beginning in year 1958, Penske acquired, raced as well as sold race cars, and also he was successful in terms of financially and even on the track. He noted his leading professional racing based start at presently abandoned Marlboro Motor Raceway located in Upper Marlboro, in Maryland. By year 1960, this celeb was a well-known race car driver, recognized as Sports Illustrated SCCA Driver of the Year.

Moreover, he too competed two different Formula One Grands Prix, as well as got win of NASCAR Pacific Coast Late Model race held at Riverside during year 1963. It is found that actually he never ride Indianapolis 500. Furthermore, he was presented a rookie test in Indianapolis, however he rejected it for some business reasons; in this regards, rookie Mario Andretti entered in for Penske to attend that test.

Apart from this, Penske Racing made debut in year 1966 the 24 Hours of Daytona. This was after he took retirement from race driving. Besides, his team initially competed inside Indianapolis 500 in year 1969; getting win in that event in year 1972 along with driver named Mark Donohue, as well as its leading NASCAR win was noted in year 1973.

Furthermore, his teams also won several races in following years. He shut down his European-centred Formula One business during year 1977. Also, in year 1982, he accepted the position of Chairman of the Penske Truck Leasing trade. This celebrity Penske won his initial NASCAR Sprint Cup Championship in accompany of driver named Brad Keselowski in year 2012.

It was in year 2014 that it was proclaimed that Penske would seek a 51% stake basically in Australian based V8 Supercars team Dick Johnson Racing, creating DJR Team Penske. This team actually made entry as one car in year 2015, primarily for Marcos Ambrose prior he stepped sidewise to create way for Scott Pye.

Penske has totally five children, two children with first wife named Lisa and three children with second wife named Kathy. Moreover, Penske is essentially an enthusiastic car collector, possesses several rare European and American automobiles, comprising a Ferrari FXX, of these just 30 were formed.

How much is Roger Penske Net worth in 2017

Roger Penske is by now acknowledged as an American based businessman attaining net worth of $1.5 billion US dollars as of 2017. This racer turned out as a prevalent driver and was entitled Sports Illustrated’s Sports Car Club of America Driver of the Year during 1961, adding to his wealth. In year 1965 Penske took retirement from riding in order to concentrate on possessing a Chevrolet based dealership in Philadelphia.

Also, he began Penske Racing in year 1965 as well as his team contended in Indianapolis 500 in year 1969. His income is high as he was serving as a chairman of Super Bowl XL Committee in Detroit, located in MI.

To stay strong since years in auto racing is not easy but Roger Penske accomplished this well and made it as his career. Apart from that, he is too recognized as an avid businessman, holding many deals.