![]() The company also operates car and commercial truck dealerships and sold 236,000 new vehicles and 282,500 used cars last year, said. acquired United Automotive Group, a transportation service company that was renamed to Penske Automotive Group in 2007. Penske was also inducted into the Automotive Hall of Fame in 2015 and the NASCAR Hall of Fame earlier this year, according to .Īfter he retired, Penske started his own racing teams in 1965 and in 1969, he founded Penske Corporation, which has its headquarters in Bloomfield Township, Mich. Penske started racing cars in the late 1950s and retired from driving in 1965.ĭuring his career, he won several awards including Sports Illustrated’s Driver of the Year award in 1961 and the Sports Car Club of America’s Presidents Cup in 1960, 19. Bush honored racing driver Richard Petty with the award. The 82-year-old owner of Team Penske is only the second person involved in auto racing to receive the highest civilian honor. President Trump awards Roger Penske with the Presidential Medal of Freedom on Thursday - here's a look at the man receiving the honor. Read more on Michigan politics and sign up for our elections newsletter. Skipping White House visit never an option for Roger Penske, Ind圜ar's Simon PagenaudĬontact Todd Spangler at. President Trump to award Roger Penske the Presidential Medal of Freedom Penske thanked Trump, saying the medal "means more than any business success or motorsports trophy" he'd received before. Penske credited his success to people he has worked with through the years, saying, "If they hadn't done their work I wouldn’t be here today." He also spoke about improved economic conditions in and around Detroit, saying it is still in the middle of a renassance and remains "the automotive capital of the world." “No matter what you do, it turns to gold,” Trump told Penske. He was also chairman of the effort behind Super Bowl XL, played in Ford Field in 2006. The company manages businesses with revenues totaling more than $31 billion and employing more than 63,000 people worldwide. Penske has long been associated with metro Detroit, having lived in Birmingham and maintaining the headquarters for Penske Automotive in Bloomfield Hills.Ī former professional auto racer himself, Penske is also the founder and chairman of Penske Corp., with subsidiaries in auto sales, truck leasing and transportation logistics. Trump has given the award to other sports figures, including Yankees reliever Mariano Rivera, basketball stars Bob Cousy and Jerry West, and golfer Tiger Woods. One of his drivers, Simon Pagenaud, won the Indianapolis 500 in May.Įstablished in 1963, the Medal of Freedom is awarded by the president to individuals who have made exceptional contributions to America, cultural or otherwise. In a ceremony at the White House before an audience that included Penske's family and friends, Trump called Penske a "giant" of both racing and industry and marveled over a record that includes 34 championships, 18 Indianapolis 500 wins and two Daytona 500s. WASHINGTON - Roger Penske, a longtime metro Detroit businessman whose motorsports teams are legendary for their success, was awarded the nation's highest civilian honor, the Medal of Freedom, by President Donald Trump on Thursday. ![]() Watch Video: Roger Penske on winning 18th Indianapolis 500 in 50th race ![]()
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