Gregory Penske is an owner and the Chairman/CEO of Penske Motor Group, in El Monte, California. He is the former President and CEO of Penske Motorsports, Inc. which operated racetracks across the country, including the development of the Auto Club Speedway (formerly California Speedway) in Fontana, California. He is on the Board of Directors for the Penske Corporation (holding company for Penske Truck Leasing, Penske Automotive Group, and Penske Racing) and is a member of the Board of Directors for the Los Angeles Sports Council, Ares Capital Corporation and Friends of Golf, Inc. He is a member of the Toyota Parts and Service Advisory Council, the Toyota President's Cabinet and the Toyota Board of Governors and Lexus "Elite" Dealers.
He is the former member of the Board of Directors of the Alltel Corporation, International Speedway Corporation, the Southern California Committee for the Olympic Games, and Board of Trustees of the John Thomas Dye School. He is the son of race car owner and entrepreneur Roger Penske. He received the Young Leadership and Excellence Award from the Automotive Hall of Fame in 1997.
Penske attended the Episcopal Academy in Philadelphia, where he was the Captain of the soccer and lacrosse teams, as well as All-American in both sports in high school. He was also All-State and league MVP as a senior in lacrosse. He graduated from Cornell University in 1984, where he earned a degree in business management. He also attended General Motors Institute (now Kettering University) and worked at a Chevrolet and a Cadillac-Oldsmobile dealership while in college.
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