Gregory Penske
Encyclopedia
Gregory Penske is an owner and the President/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.
at age 22, becoming the youngest GM dealer ever.
Penske Motor Group
Penske Motor Group is an El Monte, California–based, wholly owned division of the Penske Corporation, managed by Gregory Penske. The group operates three automobile dealerships in California: Longo Toyota and Longo Lexus in the Greater Los Angeles Area and Lexus of Stevens Creek in the San...
, in El Monte, California
El Monte, California
El Monte is a residential, industrial, and commercial city in Los Angeles County, California, United States. The city's slogan is "Welcome to Friendly El Monte," and historically is known as "The End of the Santa Fe Trail." As of the 2010 census, the city had a total population of 113,475,...
. 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
California Speedway
Auto Club Speedway is a two-mile , low-banked, D-shaped oval superspeedway in Fontana, California which has hosted NASCAR racing annually since 1997. The track was also used for open wheel racing events until 2005. The racetrack is located near the former locations of Ontario Motor Speedway and...
) 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
Roger Penske
Roger S. Penske is the owner of the automobile racing team Penske Racing, the Penske Corporation, and other automotive related businesses. A winning racer in the late 1950s, Penske was named 1961's Sports Car Club of America Driver of the Year by Sports Illustrated...
. He received the Young Leadership and Excellence Award from the Automotive Hall of Fame
Automotive Hall of Fame
The Automotive Hall of Fame is an American museum and hall of fame covering automotive innovations.-Location:Located in the metro Detroit suburb of Dearborn, Michigan, the museum shares a parking lot with The Henry Ford.-External links:*...
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
Cornell University
Cornell University is an Ivy League university located in Ithaca, New York, United States. It is a private land-grant university, receiving annual funding from the State of New York for certain educational missions...
in 1984, where he earned a degree in business management. He also attended General Motors Institute (now Kettering University
Kettering University
Kettering University is a university in Flint, Michigan, offering degrees in engineering, math, science, and business. The campus is located along the Flint River on property that used to be the main manufacturing location for General Motors...
) and worked at a Chevrolet
Chevrolet
Chevrolet , also known as Chevy , is a brand of vehicle produced by General Motors Company . Founded by Louis Chevrolet and ousted GM founder William C. Durant on November 3, 1911, General Motors acquired Chevrolet in 1918...
and a Cadillac-Oldsmobile dealership while in college.
Businessman
In 1985, he purchased a Cadillac dealership in Bakersfield, CaliforniaBakersfield, California
Bakersfield is a city near the southern end of the San Joaquin Valley in Kern County, California. It is roughly equidistant between Fresno and Los Angeles, to the north and south respectively....
at age 22, becoming the youngest GM dealer ever.