Roger Penske opened Team Penske’s 60th anniversary celebration with a look into the team’s past achievements and shared a lesson from his father about how effort leads to results on January 1, 2026. The $7.6 Billion worth (according to Forbes) motorsports also thanked supporters for steady loyalty and said the team will honor its past with more wins this new year.
Penske began racing as a team owner in 1966. He moved from a small Philadelphia shop to a global motorsport and transport empire. The team entered the NASCAR Cup Series in 1972 with Mark Donohue and has collected over 150 Cup wins in the past 6 decades.
Team Penske released a statement from the 88-year-old on X.
“We know the best is still to come. While we celebrate our past throughout the 2026 season, we are not resting on our successes,” part of the statement read.
“My father taught me the phrase ‘Effort Equals Results’ many years ago. It will take hard work to continue the legacy of so many that have embodied that phrase over the years.”
Team Penske has also won five Cup Series championships with Keselowski in 2012, Logano in 2018, 2022 and 2024, and Blaney in 2023. It’s rare back-to-back run between 2022 and 2024 was broken last season when all of the team’s Cup drivers failed to make it to the Championship 4.
The team also fields cars in the NTT INDYCAR Series, which Roger Penske bought over in 2019. It also runs sports car programs through a global partnership with Porsche Penske Motorsport in IMSA and the World Endurance Championship.
Team Penske will celebrate its 60th year with multiple events and retro paint schemes this season. The team will show a refreshed anniversary logo on cars, suits and merchandise. A special exhibit with vintage cars and trophies will open at the NASCAR Hall of Fame. The Penske Gallery in Indianapolis and the Penske Racing Museum will also host additional displays. The team will also organize a Fan Day with current and former drivers and behind-the-scenes access.
Roger Penske Sold Part of His Penske Corporation Subsidiary To Fox in 2025
Roger Penske’s fortune extends well beyond racing into auto retail, logistics and racing interests. That wealth helps fund big programs and long-term planning.
Penske also sold part of his company, Penske Entertainment, which is a subsidiary of Penske Corporation, to Fox Corporation. The multinational mass media company bought a one-third stake in the company that owns Indianapolis Motor Speedway and IndyCar in a partnership deal, which was announced on July 31, 2025. Penske said the move creates a shared plan to grow the sport.
CEO of Fox, Eric Shanks, also called the investment a long-term commitment to the open-wheel racing series. The sale gives Fox, which began broadcasting IndyCar last season, influence over events and digital content strategy.
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