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27-527: After moving to a newer location, Roger Penske decided to sell his old facility. Then, on January 26, 2006, the newly formed team said that they would purchase the facility, and would hire 75 workers. However, the team was not allowed to race in the 2006 season because their manufacturer, Toyota , was not cleared to race, so the team decided that they would drive Dodges during the season. The team didn't have any materials to make their race cars, so they purchased multiple cars from Bill Davis Racing . The team

54-404: A $ 100,000 fine, was in the lead until there were 50 laps to go and Edwards' transmission in the #99 Ford blew up, finishing 42nd, and falling deeper out of the top 12. Much of the pre and post-race talk was about the tires Goodyear supplied to the teams. Tony Stewart claimed that the tires were shoddy in a post-race commentary. Dale Earnhardt Jr. also said that the tires did not work well on

81-577: A 2.5-mile course in Speedway, Indiana , the Indianapolis 500-mile race and IndyCar from the Hulman Family for an undisclosed amount. As of October 2023, Penske's estimated net worth is $ 3.8 billion. Penske Racing donated $ 500,000 to Restore Our Future , Mitt Romney 's Super PAC . He was discussed as a potential candidate for Mayor of Detroit but declined to run. Penske endorsed Donald Trump in

108-529: A devout Episcopalian family, Penske was heavily involved with his church as a boy, singing in the church's choir and serving in the ministry as an acolyte . His father, Jay, was a successful corporate executive for a metal fabrication company and encouraged his son to become an entrepreneur. As a teenager he bought older cars, repaired them and sold them at a profit from his family's home in Cleveland, Ohio. He graduated from Shaker Heights High School in 1955 and

135-529: A distant second to Joey Logano in the Raybestos Rookie of the Year standings. For the 2010 season, Speed and Vickers remained with the team, but on May 21, Vickers experienced medical problems, which resulted in him missing the rest of the season. His replacements were Casey Mears , Reed Sorenson , Mattias Ekstrom , Boris Said , and Kasey Kahne . Speed was let go at the end of the season, and he in turn filed

162-906: A forty-third-place finish in the final owners' standings and had 19 DNQ's. Despite Vickers ending the season with five top-ten finishes with one being a top-five in the Coca-Cola 600, where he led seventy-six laps and finished 5th, Vickers still failed to qualify for 13 races. Vickers' team ended the season with a 38th owners' standings position. In 2008, Kevin Hamlin became the crew chief for Vickers. Hamlin's past crew chief roles include stints with Dave Blaney 's No. 22 Toyota, preceded by nine years of crew chief duties with Richard Childress Racing drivers including Jeff Burton , Kevin Harvick , and Dale Earnhardt . Hamlin has amassed nine previous Cup wins; five of those with Earnhardt Sr. Said Sawyer of hiring Hamlin: "Finding

189-546: A lawsuit against Red Bull. For the 2011 season, Kahne became a full-time driver for the team, driving car No. 4 (formerly No. 82), and Vickers returned to drive the No. 83 car. On June 20, 2011, the Associated Press reported that Red Bull was planning to leave NASCAR at the end of the season. The team's on-track struggles, combined with a lackluster outreach to the 18–34 demographic, forced their departure. Despite this, Kahne scored

216-522: A race for the team prior to Sprint All-Star Race XXIV , they won the All-Star Pit Crew Competition. Later in the season, Allmendinger announced that he was going to leave Red Bull to race for Richard Petty Motorsports in 2009. 2009 ended up being a high-water mark for the team, as Vickers scored the team's first victory, and the second of his career, at Michigan in August. This was part of

243-585: A significant stake in publicly-traded Penske Automotive Group , an international company that operates automobile dealerships in the United States, Canada, and parts of Europe; Penske Truck Leasing , a truck sales, leasing, and fleet maintenance company; Penske Motor Group which operates auto dealerships in California and Texas. On November 4, 2019, Penske acquired the Indianapolis Motor Speedway ,

270-610: A strong late-summer run that resulted in Vickers taking the last spot in the 2009 Chase for the Sprint Cup at Richmond in September, also a first for the Red Bull team. Unfortunately, an underwhelming Chase performance resulted in Vickers finishing 12th in the final points. Meanwhile, the team signed Scott Speed to replace Allmendinger in the renumbered 82 car. However, Speed could manage only

297-902: Is a 1959 graduate of Lehigh University , where he was a member of the Phi Gamma Delta fraternity. Penske's first racing venture was in hillclimbing, but then ran road course racing at the Vineland Raceway in Vineland, New Jersey , as a member of the Philadelphia Region of the Sports Car Club of America (SCCA) in Porsches . Penske made his first professional racing start at the now-abandoned Marlboro Motor Raceway in Upper Marlboro, Maryland . Sports Illustrated named him SCCA Driver of

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324-559: Is an American auto racing team owner, businessman, and retired professional driver. Penske is the owner of Team Penske , the Indianapolis Motor Speedway , IndyCar , and other auto racing-related businesses. Penske is the founder and chairman of the Penske Corporation , a holding company for his various businesses. Penske is also a Presidential Medal of Freedom recipient. Penske was born in Shaker Heights, Ohio , in 1937. Born to

351-474: The 2007 Auto Club 500 , which resulted in the team receiving their first top-ten. After failing to qualify for four consecutive races, Allmendinger qualified for the 2007 Food City 500 held at Bristol Motor Speedway . During the 2007 Coca-Cola 600 , NASCAR's longest race, Vickers was able to finish in the top-five. On October 5, 2007, the team's development driver, Scott Speed finished seventh in an ARCA race at Talladega Superspeedway . Allmendinger's team had

378-558: The 2020 United States presidential election after receiving the Presidential Medal of Freedom in 2019. He contributed $ 45,000 to Donald Trump 's 2020 presidential campaign . Auto racing Halls of Fame National 2008 Kobalt Tools 500 The 2008 Kobalt Tools 500 was the fourth race in the 2008 NASCAR Sprint Cup Series , and was held on March 9, 2008 at Atlanta Motor Speedway in Hampton, Georgia , located outside

405-613: The 24 Hours of Daytona . He developed one of the most successful teams in IndyCar Series and NASCAR racing. He is the most successful team owner at the Indianapolis 500 with 20 victories. He is known by his nickname of "The Captain". Penske also served as a race strategist for his IndyCar team, most recently for driver Will Power . Penske won his first NASCAR Sprint Cup Championship with driver Brad Keselowski on November 18, 2012. On September 16, 2018, driver Brad Keselowski won

432-479: The 2007 season, the team moved to Toyota as the manufacturer. Both Vickers and Allmendinger failed to qualify for the 2007 Daytona 500 . Allmendinger, in the first duel race, crashed with fellow competitor Robby Gordon on lap 24, causing heavy damage to both their race cars. Vickers blew a right rear tire on lap 51 in the second duel race, ending his chances of making the Daytona 500. One week later, Vickers qualified for

459-596: The Georgia state capital . The race was televised on Fox starting at 1:30 PM US EDT , and broadcast on the Performance Racing Network and Sirius Satellite Radio starting at 1 PM US EDT. Qualifying suffered from a short rain delay in the beginning stages but was finally reopened with Jeff Gordon winning the pole followed by Dale Earnhardt Jr. , Martin Truex Jr. , Carl Edwards and Bobby Labonte rounding out

486-564: The South Point 400 at Las Vegas Motor Speedway , giving Penske his 500th race victory as an owner across all racing series. Later the same season, Joey Logano would clinch the championship at Homestead-Miami Speedway , winning Penske his second championship in the Cup series. Penske is chairman of Penske Corporation , based in Bloomfield Hills, Michigan . Some of the company's holdings include

513-542: The Year in 1961. He competed in two Formula One Grands Prix and won a NASCAR Pacific Coast Late Model race at Riverside in 1963. He never ran the Indianapolis 500 : he was offered a rookie test at Indianapolis with the Dean Van Lines team. Penske continued racing until 1965, when he retired as a driver, to concentrate on his first Chevrolet dealership in Philadelphia, Pennsylvania . Penske Racing debuted in 1966 at

540-425: The field to win his fifth Cup race of his career, and his first win driving for Joe Gibbs Racing . The victory also gave Toyota their first Sprint Cup victory after 40 races. Carl Edwards , still smarting from last week's win that found a loose oil tank, costing him 100 points in the drivers chase, his owner Jack Roush 100 owners' points and suspended crew chief Bob Osborne for six races until April 30 as well as

567-412: The race. On October 24, 2006, the team chose former Champ Car driver A. J. Allmendinger as the second driver. They also made two other appearances at Atlanta Motor Speedway and Texas Motor Speedway , which like their first, they failed to qualify for both races. Then, announced on December 6, 2006, former Cup Series champion crew chief Doug Richert would serve as the crew chief for Vickers. During

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594-410: The right crew chief for the 83 team was a pivotal decision in an effort to restructure the foundation on that team. We need a crew chief with not only the right experience and background to work effectively with our driver and crew, but someone who also shares the same vision for success. We found that package with Kevin Hamlin. Our focus between now and Daytona is not only getting our cars up to speed for

621-419: The season opener, but also getting Kevin up to speed working with Red Bull, Brian (Vickers) and the 83 team." Due in large part to the additions of Frye and Hamlin, the No. 83 team has been shown to be the most improved in the series, qualifying for all the current races and secured a Top 35 exemption following the spring race at Bristol . Also in 2008, Allmendinger failed to make the first three races of 2008 and

648-827: The team's final victory at the November race at Phoenix , while Vickers struggled for most of the year, resulting in a 25th-place points finish. Kahne finished the season in 14th. The team fielded a third car, numbered 84, in the final two races of the season, with development driver Cole Whitt behind the wheel. Whitt finished 25th at Phoenix, but crashed out just past halfway at Homestead, finishing 37th. The team officially closed on December 8, 2011. The team's cars, owners points, and equipment were purchased by former TRG Motorsports executive Ron Devine to form BK Racing . 35°34′57″N 80°48′46″W  /  35.5825°N 80.8129°W  / 35.5825; -80.8129 Roger Penske Roger Searle Penske (born February 20, 1937)

675-438: The top five. Forty-eight cars attempted to make the race but only 43 are able to start a Sprint Cup Race. Failed to qualify: John Andretti (#34), Johnny Benson (#27), Bill Elliott (#21), Burney Lamar (#08), Ken Schrader (#49). For the first time since June 1954 (when Al Keller won in a Jaguar on the road course at Linden Airport ), a foreign nameplate found its way to the winners' circle as Kyle Busch dominated

702-449: Was officially started in January, but they would not choose a driver until June 25, 2006, when Brian Vickers announced his decision to drive for the team on Wind Tunnel with Dave Despain . A couple months later, the team made their first NASCAR appearance with Bill Elliott as the driver, at Lowe's Motor Speedway in the No. 83 Victory Junction Gang Dodge, but they failed to qualify for

729-664: Was replaced by Mike Skinner on a temporary basis starting with the spring Atlanta race . Allmendinger returned at the Aaron's 499 at Talladega with a new silver paint scheme, and won the Sprint Showdown two weeks later, making him eligible for the All-Star Race . Allmendinger also recorded a 10th-place finish at the Allstate 400 at the Brickyard . In May, even though Vickers had not won

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