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Roger Penske

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Roger Penske stories:

Sun sets on Saturn: GM kills once vaunted star brand after purchase talks with Penske fail
Oct 1st, 2009 - StarTribune
DETROIT - For those who expected General Motors' once-funky Saturn brand to live on with a new owner, there has been a sad twist. Saturn, once billed as a different kind of car company...
Pelata Says Renault Can't Agree With Penske on Saturn
Oct 1st, 2009 - Bloomberg
Oct. 1 (Bloomberg) -- Renault SA dropped plans to providevehicles for General Motors Co.’s Saturn brand after talks withwould-be buyer Roger Penske broke down at the last minute...
Dealers are shocked by sudden turn of events
Oct 1st, 2009 - Freep
Gregory Jackson turned on his television shortly after 5 p.m. Wednesday and was surprised to find out that what appeared to be an imminent sale of the Saturn brand to businessman and racing legend Roger Penske had collapsed.
GM set to wind down Saturn brand
Oct 1st, 2009 - BBC NEWS
Saturn is one of many brands that GM is offloading General Motors has announced that it will shut down its Saturn brand after talks about selling it to the former racing driver Roger Penske collapsed.
Collapse of Penske Deal Spells End For Saturn
Oct 1st, 2009 - Wall Street Journal
A deal to save General Motors Co.'s Saturn brand fell through after former race-car driver Roger Penske unexpectedly abandoned a bid to buy its network of dealers, prompting GM to say it would shut the operation down.

Roger Penske videos from YouTube:

13:54
Roger Penske, 2008 Smart ForTwo Passion.
Visit www.autonetwork.com for the largest collection of new car introductions. Chairman, Roger Penske, discusses the partnership with Mercedes Benz.
2:55
Roger Penske's Racing History - Part 1
Part 1: Exploring Roger Penske's early racing history. Hosted by Pete Pistone. See more at www.alltelracing.com
1:36
Roger Penske On Detroit Mayor Kwame Killpatrick
WWJ Newsradio 950 interview on Belle Isle.
5:01
Interview Roger Penske Endurance Mag
Interview Roger Penske Endurance Mag

Roger Penske from WikiPedia:

Roger Penske (born February 20, 1937 in Shaker Heights, Ohio) is the owner of the automobile racing team Penske Racing, the Penske Corporation, and other automotive related businesses. He is currently involved in purchasing the Saturn Corporation, makers of Saturn cars.

He also is one of the corporate directors at General Electric and was chairman of Super Bowl XL in Detroit, Michigan. He was previously on the board of Home Depot and Delphi Automotive before resigning to chair the Detroit Super Bowl Committee. He is a 1959 graduate of Lehigh University in Pennsylvania where he was also a member of the Phi Gamma Delta fraternity.

While CEO of Penske Automotive Group in 2008, Roger Penske earned a total compensation of $2,706,388, which included a base salary of $1,000,000, no cash bonus, stocks granted of $1,680,005, and no options granted.