Roger Penske, the owner of Team Penske, is one of the pioneers in the motorsports business. According to Forbes, the 87-year-old racing icon has a personal net worth of $3.9 Billion.
After a brief stint as a professional driver, Penske's passion for cars steered him into the business aspect of the automotive industry. The NASCAR Hall of Famer is the founder and owner of the Penske Foundation, a holding company that includes various business ventures. The owner of NASCAR and IndyCar championship teams also owns the famed Indianapolis Motor Speedway and the IndyCar.
The motorsports business tycoon has been in this industry for almost six decades and, without a doubt, possesses an extraordinary lifestyle. Here's a brief look into Penske's lavishness:
Private jets
Currently, Penske, 'The Captain' owns two Gulfstream G280 private jets. The 2018 model G280 jet's base price starts at $25 million. This jet has state-of-the-art technology and can accommodate up to 10 passengers. While he has previously owned several other jets, his current fleet consists of these two luxurious aircraft.
A luxury yacht
Penske owns a luxurious Feadship yacht called Podium. This 72-meter-long cruiser is worth $120 million. The podium has a maximum cruising speed of 18 knots (approx 21 mph). The vessel can accommodate a total of 12 guests and 14 crew members. Recently, a local Facebook page of Newport spotted Penske's superyacht and shared its glimpse (via What's going on in Rhode Island):
A mansion in Michigan
Born in Shaker Heights, Ohio, Penske currently resides in Birmingham, Michigan with his second wife, Kathy, and five children from his two marriages. He owns a two-story, four-bedroom custom-built home which is spread across 4607 square feet of surface area. The property also features a gym, sauna, wine room, heated driveway and walkway. Interestingly, reports suggest the property might be on the market, with an asking price of $2.5 million.
Secret car collection
It is very natural for billionaire motorsport enthusiasts to have an authentic car collection, but Penske has kept his collection a secret. He has a collection of stock cars starting from NASCAR legend Dale Earnhardt's 1995 IROC Dodge to Brad Keselowski's 2012 Xfinity championship Dodge. Penske is also said to hold onto his Indy 500-winning cars alongside his personal sports cars, all housed in an undisclosed location.
Team Penske - auto racing organization
Penske is famously known in motorsports for his endeavor to compete in the NTT IndyCar and NASCAR Cup Series. The Penske-led Team Penske also competes in the IMSA SportCar Championship and FIA World Endurance Championship. As an owner, the 87-year-old has won 17 IndyCar championships, and six NASCAR championships in its three series.