His father, Regor, was a professional car racer while his eldest son Roger Jr too raced Super Vees. However, he achieved his goal three years before the date he had given himself. Even when Gregory was just in college, he was determined to have his dealership by twenty-five. Roger prepared both of his boys from an early age to take care of cars and his companies. holds the post of the president of Roger Penske Automotive. In the present day, Gregory is the CEO and chairman of the Penske Motor Group, and his elder brother Roger Jr. They work in one of his firms for three years and then exchange their posts in the companies. Gregory, along with his brother, has been looking after their father’s business. Gregor also has an elder brother named Roger Jr.īesides Roger Jr, Gregory also has two half brothers, Mark and Jay, and one half-sister Blair from his father’s second marriage to Kathy Penske. Gregor is the second eldest son of the business tycoon and former car racer Roger Penske and his first wife, Lissa Penske. Gregor Penske Family, Parents, Siblings, and Other Details So, even though the exact number has not been out about his net worth, it’s safe to assume that he is already a millionaire. It is more than enough to bring his net worth to millions of USD.Īside from this, he is also one of the heirs of the enormous inheritance of his father. Gregory is the CEO of the multibillion-dollar Penske Motor group. Jay Penske Sisters Blair Penske Status Married Children Two Occupation Businessman, Entrepreneur, and CEO Net worth Not disclosed Nationality American Ethnicity White Caucasian Religion Unknown Zodiac Unknown Height Unknown Weight Unknown Measurement Unknown Hair color Black Eye color Brown Complexion Fair Gregory Penske Net Worth Biography & Wiki Summary Popular Name Greg Penske Real Name Gregory W Penske Date of birth 1962 Age 61 years old Place of birth Father Roger Searle Penske Mother Lissa Penske Step-mother Kathy Penske Siblings Four Brothers Roger Jr Penske, Mar Penske and He had gained enough experience from his father and elder and later added more to it by working for Bill Piercey in his Cadillac Agency. As his father owned many cars and racetracks, Gregory spent most of his time around cars.
Gregory Penske is the youngest car dealer in the USA, who owned his dealership in Bakersfield at the young age of twenty-two. The Penske Motor Group is the owner and dealer of renowned cars like Mercedes-Benz, Toyota, and Lexus. Gregory is successfully operating the Penske Motor Group. Roger Penske is one of the most successful entrepreneurs in the USA, but this has never overshadowed his son Gregory Penske.
Clearly, racing improves the product.The CEO and chairman of the Penske Motor Group, Gregory Penske, is the second eldest son of Roger Penske, a businessman and auto race professional. Those same qualities are found in all Penske enterprises, on the track or in a boardroom. Their “unfair advantage” was identified as a total dedication to preparation and professionalism. The reasons for Penske’s remarkable success were well documented in the late Mark Donahue’s book, “The Unfair Advantage”. Since then, Penske Racing has dominated in virtually every form of racing, earning nearly 400 victories and 27 National Championships including Ind圜ar, Sports Car, Trans Am and NASCAR. Penske Racing debuted at the Indianapolis 500 in 1969, winning the first of 16 Indy 500’s in 1972. Joining forces with driver/engineer Mark Donohue, Penske Racing was created, becoming the motorsports arm of Penske Corporation. While his passion for driving may have been put on hold, his love of motorsports never waned.
In 1965, at the top of his game, he gave up driving to build his automotive empire, starting with a dealership in Philadelphia, then acquiring a truck leasing business, a second dealership and two racing tire distributorships. By 1961 Penske was honored as Sports Illustrated’s “Driver of the Year”. Some found their way to the track - and Victory Circle, with Roger at the wheel. From his parents’ driveway Penske would buy and sell sports cars, which he had purchased and restored. Roger’s path to success began as a car-loving teenager in suburban Cleveland, Ohio. With an unrivaled record for wins at the Indianapolis 500 and dominant presence in virtually every major national series, Team Penske is the most respected “brand” in American motorsports. Holdings include the world’s second largest automobile dealership group as well as truck and equipment rentals, leasing and logistics services.īut for all of those accomplishments, the Corporation’s best-known asset is Penske Racing. Roger Penske’s international automotive and transportation enterprise reported sales of $19 billion in 2014, employing 39,000 employees worldwide.
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