Business Interests
- Penske Racing - Team Penske (IRL), Penske South (NASCAR), Penske Motorsports (ALMS)
- Penske Automotive Group (PAG:NYSE - a 40+% stake) - With 151 United States car dealerships and 101 international car dealerships, it is the second-largest dealership group in the world.
- Penske Motor Group - This group owns and operates automobile dealerships in California.
- Penske Truck Leasing - joint venture with GE Equipment Management
- Penske Logistics - transportation logistics
- VM Motori S.p.A. - This group owns a 51% stake and 49% DaimlerChrysler Group, Truck-Lite, and Davco (transportation component manufacturing).
- Truck-Lite - lighting manufacturer for heavy trucks
- QEK Global Solutions - a provider of integrated support services to vehicle manufacturers, tier-one suppliers, and other businesses
- Davco - manufacturer of Class 8 heavy-duty, diesel-powered truck fuel/heater water separators and filter systems
- Ilmor - engine builder
- Deer Valley Ski Resort - part owner
- Internet Brands - An early investor in CarsDirect, he has been a director since May 2000.
- FER Fahrzeugelektrik - Lighting Manufacturer
- Tamsen GmbH - Car Dealer for Aston Martin, Bentley, Ferrari, Lamborghini and Maserati
He is also on the board of directors of Universal Technical Institute, a nationwide provider of technical education training for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians. NASCAR Technical Institute is located in Mooresville, North Carolina.
Read more about this topic: Roger Penske
Famous quotes containing the words business and/or interests:
“Young men of the fairest promise, who begin life upon our shores, inflated by the mountain winds, shined upon by all the stars of God, find the earth below not in unison with these,but are hindered from action by the disgust which the principles on which business is managed inspire, and turn drudges, or die of disgust,some of them suicides.”
—Ralph Waldo Emerson (18031882)
“Imagination is always the fabric of social life and the dynamic of history. The influence of real needs and compulsions, of real interests and materials, is indirect because the crowd is never conscious of it.”
—Simone Weil (19091943)