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Penske Automotive was founded as United Automotive Group in 1990 by Marshall S. Cogan [2] and later came under the control of Penske Corporation and Roger Penske in May 1999. Several years later, on July 2, 2007, United Automotive Group changed its corporate name to Penske Automotive Group, Inc; and changed its ticker symbol on the NYSE to PAG. [3]
Penske Auto Centers – A former subsidiary that had operated auto repair centers within selected Kmart stores from 1995 [8] [9] until 2002. [ 10 ] [ 11 ] VM Motori S.p.A. [ 12 ] – 50% was bought in 2003 and the rest in 2007, but a 51% stake was sold to Fiat S.p.A. in February 2011, and the remainder sold to Fiat in 2013.
In 1976 Penske signed a sponsorship deal with Citibank and built a new car, the Penske PC3. Northern Irish driver John Watson was signed to drive the car. which retained some of the design features from its predecessors, the Penske PC1, and the March 751. The PC3 was a development of the March 751 and bore a close resemblance to it.
The free used car report also shows the vehicle’s service and owner history and number of accidents. 4. Vehicle History.
1981 Indy 500-winning Penske PC-9B chassis of Bobby Unser Penske PC-9B being demonstrated at the 2011 Goodwood Festival of Speed. The Penske PC-9 and Penske PC-9B are USAC and CART open-wheel race car chassis, designed by British designer Geoff Ferris at Penske Racing, which was constructed for competition in the 1980 and 1981 IndyCar seasons, as well as the 1980 season and 1981–82 USAC ...
Roger Searle Penske (born February 20, 1937) is an American auto racing team owner, businessman, and retired professional driver. Penske is the owner of Team Penske , the Indianapolis Motor Speedway , IndyCar , and other auto racing-related businesses.
The Penske PC-6 is a USAC and CART open-wheel race car, designed by British designer Geoff Ferris at Penske Racing, which was constructed for competition in the 1978 season. It also notably successfully won the 1979 Indianapolis 500 , being driven by Rick Mears .
Another team owner reminded the AP that in 1967, Trans-Am race stewards discovered Penske and driver Mark Donohue had figured out that by dipping their car in an acid bath, it would eat away small ...