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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]
Former logo used until 2013 Team Penske No. 2 hauler set for parade down Las Vegas Strip – 2015. Team Penske (formerly Penske Racing) is an American professional auto racing organization, competing in the IndyCar Series, NASCAR Cup Series, IMSA SportsCar Championship and FIA World Endurance Championship.
Penske Corporation, Inc. (/ p ɛ n. s k iː /) is an American diversified transportation services company based in Bloomfield Township, Oakland County, Michigan. Roger Penske is the founder and chairman of the privately held company, and Rob Kurnick is the president.
Penske's first racing venture was in hillclimbing, but then ran road course racing at the Vineland Raceway in Vineland, New Jersey, as a member of the Philadelphia Region of the Sports Car Club of America (SCCA) in Porsches. [6] Penske made his first professional racing start at the now-abandoned Marlboro Motor Raceway in Upper Marlboro, Maryland.
Short of the 1988 McLaren MP4/4, it’s hard to imagine a more dominant topflight open-wheel race car than the Penske PC-23. Short of the 1988 McLaren MP4/4, it’s hard to imagine a more dominant ...
Penske Motor Group origins date back to 1985 when Roger Penske acquired Longo Toyota in El Monte. Longo Toyota had been founded in 1967 by Dominic Longo. Roger Penske's son, Greg, joined the dealership in 1988 as new car sales manager and is now Chairman and CEO of the Penske Motor Group division of Penske Corporation.
The Penske PC1 was a Formula One racing car developed and raced by Penske Racing during the 1974 and 1975 Formula One seasons. The car was designed by Geoff Ferris, and was raced by drivers Mark Donohue and John Watson. The PC1 entered and competed in 12 Grands Prix, and was replaced by the Penske PC3 in the 1976 season. [2]
The No. 2 car's history can be traced back to the late 1970s with M. C. Anderson and Benny Parsons. Bobby Allison drove two and a half seasons for Penske, winning four races for the team with a best standing of 4th. Cale Yarborough drove the 27 Valvoline car in 1981 and 1982 respectively.
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