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Honoring Penske at the 2012 WAS

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On Thursday, January 26 President of GM North America Mark Reuss, and Chairman of Crain Communications Keith Crain, will take the stage at the 2012 Washington Auto Show to present Roger Penske with the Keith Crain Automotive News Lifetime Achievement Award.

Automotive News reports, “The award is given annually to an individual who has made a significant contribution to the auto industry.” One look at Roger Penske’s accomplishments and it is clear to see that his contributions to the automotive industry have been nothing short of just that… significant.

Roger Penske’s passion for cars and the automotive industry started at a young age. The son of a car dealer, Penske spent his teenage years as a “lot boy” for a dealership while he honed his ability to build lasting and meaningful relationships with anyone he came into contact with. This quality is reflected in the words of his colleagues. Keith Crain had this to say about the Automotive News Lifetime Achievement Award recipient: “For his ingenuity as an entrepreneur and his passion for speed and the art of design, Roger Penske is a visionary in the automotive industry.”

The Penske Corporation oversees operations at more than 1,800 locations employing more than 36,000 people worldwide. The Penske Truck Leasing company, which provides customers with everything from complete fleet management to residential moving trucks, is comprised of over 1000 locations worldwide. The Penske retail automotive business has grown to over 325 franchises including the largest Toyota dealership in the United States. However, Roger Penske’s accomplishments are not confined to the automotive sales and leasing industry, Penske is also the recipient of the Sports Illustrated SCCA Driver of the Year Award.

The Penske Racing Team captured their first Championship Car victory in the Pocono 500 on July 3, 1971. Since then, they have stacked up 340 major race victories, over 400 pole positions and 23 National Championships. In addition to those staggering numbers, the Penske Racing Team has dominated the Indianapolis 500 by taking home 15 checkered flags over the last 4 years. The closest competitor has achieved this feat only 5 times in the history of the race.

The Washington Auto Show is the largest public show in the capital. Held at the Walter E. Washington Convention Center in Northwest D.C., the event will feature more than 700 new makes and models from over 42 manufacturers. The Keith Crain Lifetime Achievement Award will be presented upon commencement of the 2012 Washington Auto Show on January 26 and it will be followed by a dinner reception at 7:00PM. For more information about how you can be a part of this celebratory award ceremony visit the Washington Auto Show website at http://www.washingtonautoshow.com

Information in this article courtesy of http://www.washingtonautoshow.com/

Picture Courtesy of http://www.trucktrend.com/

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General

Penske Racing hires A.J. Allmendinger to replace Kurt Busch in team’s No. 22 car

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MOORESVILLE, N.C. — Roger Penske has hired AJ Allmendinger to replace Kurt Busch in the No. 22 car.

Last year, the 30-year-old Allmendinger had 10 top-10 finishes and was 15th in points driving Richard Petty’s No. 43 car.

The move, announced Wednesday, takes Penske back to his open-wheel roots.

Allmendinger won the open-wheel Barber Dodge Pro Series title in 2002, the Toyota Atlantics championship in 2003 and was the 2004 rookie of the year in the now defunct Champ Car series. In 2005, he won five races and was third in Champ Car in points. He joined the Cup circuit in 2007.

Busch won two races, took three poles and was one of 12 drivers to compete in the season-ending chase. Two weeks ago, after six bumpy seasons, Busch and Penske parted ways.

Source: Associated Press

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General

Penske, Chevy Share More than 50 Years of Racing & Selling Cars

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Roger Penske had a choice to make.

It was February 1965 and the then general manager of a Philadelphia Chevrolet dealership had been offered the opportunity to become the store’s owner. 
But in order for that to happen, Penske would have to give up what drew him to Chevy in the first place: racing.

His decision back then — to end his race-car driving days and put on his dealer hat — has ended up turning into what has been a decades-long career with Chevrolet, one where Penske has not only become a dealership mogul, but a titan in the racing business, as well.

Penske talked about this decision and more in the latest Faces of GM blog entry.

“I had to go Detroit, and Bunky Knudsen at that point was general manager of Chevrolet. He said, ’Roger, we’re not going to have race drivers as dealers, so you have to make a decision,” Penske explained of his 1965 experience.

“Are you going to be a race driver or a businessman?’ That’s probably the best advice I’ve ever had, because I decided no more racing – let’s become a dealer. That’s when I really started my career with Chevrolet, and I never turned back,” he continued.

Of course, Penske’s passion for Chevy had been ignited eight years before getting the store ownership offer when he bought his first Corvette, a 1957 competition model. Penske began racing and picking up wins.

In 1963, Penske met George McKean, a Philly Chevy dealer, and took him up on his offer to be the store’s general manager.

And then, Penske’s career as a racecar driver hit a crossroads two years later when McKean asked if he wanted to take over as owner.

Penske may have given up driving cars in races, but he didn’t drop the sport entirely.

He built a TransAm race team back in the 1960s, and racing legend Mark Donohue was his driver. By the end of the 1980s, Penske was part of an Indianapolis 500 championship.

GM president Lloyd Reuss had approached Penske about crafting an engine to compete in the famous race, and in 1988, they got their chance with driver Rick Mears steering the way to victory.

“The best moment I had with Chevrolet was winning that first one, the first Indy 500 with the Chevy motor with Rick Mears in 1988,” Penske said.

The Penske-Chevy combo won that day and captured other Indy 500 crowns, all part of 15 races it won during its IndyCar series tenure that eventually came to an end.

But things appear to be getting revved back up for Penske and IndyCar. His company and Chevy teamed up with Ilmor Engineering to build a new engine, which is currently undergoing testing. It will run in next year’s IZOD IndyCar series.

It’s just the latest in what been a decades-long relationship with Chevy that touches both the dealership and racing industries. In fact, he has had ties with Chevy for more than half of the brand’s existence.

“The brand is on the rise. I can see it with the cars that are available for us to sell in the showrooms. It’s never been better,” Penske said.

Looking forward, he added: “I can tell you my goal is to put that Chevy back in the winner’s circle.”

 

Source: Faces of GM

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