Roger Penske's Core Business Holdings
Roger Penske is the founder and chairman of Penske Corporation, a diversified transportation and services company headquartered in Bloomfield Hills, Michigan. Penske Corporation owns Penske Automotive Group, Penske Truck Leasing, and Penske Logistics, which together operate thousands of truck and vehicle locations across North America and other markets. Penske Automotive Group is one of the largest automotive retail networks in the United States, with hundreds of franchise dealerships selling new and used vehicles, parts, and service. The company also holds significant stakes in logistics and fleet management operations that support major commercial clients. Penske Corporation remains a privately held company, so detailed financial breakdowns are not as widely disclosed as public companies, but its scale is evident through its market presence and industry rankings. For more details on Penske Automotive Group's dealership network and operations, see Forbes coverage of Penske Automotive Group.
Motorsports and Racing Ownership
Roger Penske owns Team Penske, one of the most successful racing organizations in history, competing in the NTT IndyCar Series, NASCAR Cup Series, and other global series. Team Penske has won multiple Indianapolis 500 races, Daytona 500 events, and championship titles across open-wheel and stock car racing. Penske also owns the Indianapolis Motor Speedway, the venue of the Indy 500, and the Las Vegas Motor Speedway, giving him direct control over major racing facilities and events. Penske Corporation has a long-standing partnership with Ford in NASCAR, and Penske teams have won numerous races and championships with Ford and Dodge vehicles over the decades. The Penske racing operations also include technical partnerships and engine programs that support their competitive strategy. For more details on Penske's racing history and team performance, see Team Penske official website.
Automotive and Industrial Investments
Roger Penske's portfolio extends into automotive distribution, commercial vehicle leasing, and industrial services through Penske Corporation subsidiaries. Penske Automotive Group operates a large network of dealerships, including franchises for brands such as Chevrolet, Ford, Toyota, and others, generating billions in annual revenue. Penske Truck Leasing provides fleet management, truck rental, and logistics services to businesses across the United States and internationally. Penske Logistics offers supply chain and transportation solutions, integrating with major manufacturers and retailers to manage freight and distribution. Penske also has investments and partnerships in technology and services that support fleet electrification, data analytics, and connected vehicle platforms. For more details on Penske's logistics and supply chain services, see Penske Corporation official website.