Gregory Penske
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Gregory Penske (born in Philadelphia) is President and Director of El Monte, California's Penske Motor Group. He is the past president of Penske Motorsports and California Speedway before they merged with International Speedway Corporation. He is on the Board of Directors of International Speedway Corporation and ALLTEL. He is the son of race car owner and entrepreneur Roger Penske. He received the Young Leadership & Excellence award from the Automotive Hall of Fame in 1997.
Penske went to college at Cornell University, where he graduated in 1985 with a degree in business management. He played lacrosse, and was named as a second team All-Conference soccer forward in 1981. [1] He also attended the now defunct General Motors Institute. He worked at a Chevrolet and a Cadillac-Oldsmobile dealership while in college.
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[edit] Businessman
He purchased a Cadillac dealership in Bakersfield, California at age 22, becoming the youngest GM dealer ever. [2]
[edit] Penske Motor Group
Penske became the General manager at Longo Toyota in 1987, and he took over the group in 1993. [2] Penske Motor Group owns Longo Toyota, the largest car dealer in the world at over 29 acres. [3]
[edit] References
- ^ 1981 All-Ivy team, Retrieved January 10, 2007
- ^ a b [1] Tim Keenan; June 2001; Ward's Dealer Business, Retrieved January 10, 2007
- ^ Penske Automotive Group, Inc., Retrieved January 10, 2007
- Press release naming Gregory Penske to board of directors to ALLTEL, Retrieved January 10, 2007
- [2] Kara Glover; "Steering for success"; published July 1, 1996; Los Angeles Business Journal; Retrieved January 10, 2007