Detroit mogul, race team owner, and billionaire Roger Penske has a squeaky clean, no nonsense, business first image.
Yesterday evening, NASCAR revealed that Penske Racing driver A.J. Allmendinger is now indefinitely suspended from competition after he tested positive for a banned substance.
As we told you on Monday, NASCAR Sprint Cup Driver AJ Allmendinger was temporarily suspended from competition after he failed a mandatory drug test before Saturday's Coke Zero 400 in Daytona.
GM has just announced plans to "wind down the Saturn brand" — effectively killing it after Penske Automotive announced plans to terminate its discussions with GM to buy the Saturn brand.
GM will officially be selling the Saturn brand to Roger Penske for an unknown sum. GM will continue building Saturns on contract with Penske for them to distribute through Saturn's current dealer network. Full press release below.
We're up and runnin' today from the Corvette chalet here in the middle of the Detroit River to finish off our Detroit Belle Isle Grand Prix coverage with some hot IndyCar racing action. So whether you're coming to the race today, watching it on ABC at 3:30 or reading our live-blog here (hint-hint) here's five…
The home town boy's team made it happen when it counted here at the Detroit Grand Prix — at the very last second. On the 106th lap, Romain Dumas took his Porsche RS Spyder to the checkered flag here on Belle Isle, propelling Penske Racing to the win, and making Detroit native and Penske Racing owner, Roger Penske, a…
Penske Automotive shakes it's money-maker in the second quarter to make itself some money. [Reuters]
Roger Penske, former auto racer turned entrepreneur turned yellow truck, is looking at drawing an auto racing event (preferrably a bit of IRL action) to downtown Detroit's water wonderland, Belle Isle. The motor city, as the name implies, has a pretty impressive racing heritage — Detroit's Grand Prix started in…