Other Free Encyclopedias » Famous Sports Stars » Auto Racing » Roger Penske Biography - Early Years, Professional Racer, Chronology, Team Owner, Series Co-founder And Track Owner

Roger Penske - Series Co-founder And Track Owner

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One of the most successful team owners in the history of IndyCar racing, Penske co-founded Championship Auto Racing Teams (CART) in 1978 with fellow team owner U. E. "Pat" Patrick. Both founders were unhappy with the management of the IndyCar series, prompting them to start CART. By 1981, CART was offering more prize money than its competitor and became the dominant IndyCar competitive series. In 2002, Penske abandoned CART and threw his support, his drivers, and his cars into the Indy Racing League (IRL).

In addition to being a winning team owner in several motorsports series, Penske also has been adept at the business end of the sport. As owner of Michigan International Speedway, Pennsylvania International Speedway, North Carolina Speedway and Carolina Speedway, Penske has generated millions of dollars in revenues. In 1999, he merged Penske Motorsports, Inc., with International Speedway Corporation in a deal that was estimated to control more than one hundred motorsports events, 800,000 seats, and 400 suites.

Awards and Accomplishments

1961 Wins SCCA National D Modified championship and is named Sports Illustrated SCCA Driver of the Year
1962 Named New York Times Driver of the Year, wins U.S. Auto Club's road-racing championship
1967 Penske Racing wins United States Road Racing Championship (USRRC)
1968 Penske Racing won USRRC championship
1968-73 Penske Racing won SCCA Trans-Am
1981 Penske driver Rick Mears wins national CART points championship
1982 Mears wins national CART points championship
1983 Penske driver Al Unser wins national CART points championship
1988 Sullivan wins CART championship
2001 Penske driver Gil de Ferran wins second CART FedEx Series Championship
Roger Penske - Awards And Accomplishments [next] [back] Roger Penske - Team Owner

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