Roger Penske
Cars · Birmingham, Michigan
Net worth
$11.6B
Today
−$4M−0.04%Past month
+$542M+4.90%As of Nov 11, 2026, 1:50 PM EST
Former race car driver Roger Penske is the founder, chairman and CEO of Penske Corporation, a transportation services company with over $43 billion in revenue. The company's publicly traded subsidiary Penske Automotive Group is best known for its auto dealerships, which sell new and used cars, and its iconic yellow rental trucks. Penske started his career as a race car driver before opening one car dealership in 1965 with a $75,000 loan from his father. In 2020, Penske Corporation acquired the Indianapolis Motor Speedway, host of the Indianapolis 500. In 2019, Donald Trump awarded Penske the Presidential Medal of Freedom, the highest civilian honor in the U.S., for his accomplishments in racing and in business.
Net worth over time
Principal holdings
2 positions| Company | Industry | Share | Value |
|---|---|---|---|
Penske Automotive Group NYSE: PAG | Automotive | 53.5% | $6.2B |
Private and other holdings | Automotive | 46.5% | $5.4B |
Also known for
- He was named Sports Illustrated's race car driver of the year in 1961.
“Without a little risk in your life every day, you start to get sloppy, and that is something I don't want to be. I want to be on the leading edge with our people and the company.”