Greg Penske was born in Philadelphia, PA and is the son of legendary racing team owner and businessman, 2015 AHF Inductee, Roger Penske. He attended the Episcopal Academy in Philadelphia, PA and graduated from Cornell University with a degree in Business Management and also attended General Motors Institute (Kettering University).

Greg Penske’s career in the automotive industry started at a very young age.  At 15, he started washing cars at an Oldsmobile, Cadillac, GMC dealership in Phoenixville, PA.  Throughout high school and college he worked at Cadillac and Chevrolet stores in all departments. In 1985, Greg became a minority partner at a Cadillac dealership in Bakersfield, CA at the age of 22.  Two years later, he moved to El Monte, CA to be the general sales manager of Longo Toyota, the largest retail dealership in the world. In 1989, Penske opened Longo Lexus (the first Lexus dealership in the U.S.) and served as president and general manager. In 1993, he became the president and CEO of Penske Motor Group (PMG), an automotive organization that owns and operates Toyota and Lexus dealerships in California and Texas.

Penske is also involved in the racing side of the business. In 1997, he was responsible for building the California Speedway in Fontana, CA and served as the president and CEO of Penske Motorsports, Inc.  He is currently vice chairman of Penske Entertainment, which owns the Indianapolis Motor Speedway, the NTT INDYCAR SERIES and IMS Productions.

Penske was named Automotive News’ “Dealer of the Year” in 1994. He also received the “Future of America” award for his involvement and support of the D.A.R.E. America program. He has been named one of the highest-rated CEOs among small and medium companies by Glassdoor.

PMG’s dealerships have also won multiple prestigious awards. PMG’s flagship, Longo Toyota, has been the recipient of Toyota’s President’s Cabinet Award, President’s Award, Board of Governors, and all Sales, Service, Parts and Customer Service Excellence Awards. Both Longo Toyota and Longo Lexus have earned the Toyota Financial Services Circle of Excellence awards every year since inception. Longo Lexus and Lexus of Stevens Creek have both won the Elite of Lexus Awards multiple times.

Penske currently sits on the boards of Penske Entertainment, Penske Corporation, Penske Automotive Group and the Petersen Automotive Museum.

Penske is a former member of the Board of Directors of the Alltel Corporation, Ares Capital Corporation, International Speedway Corporation, Los Angeles Sports Council, the Southern California Committee for the Olympic Games, and Board of Trustees of the John Thomas Dye School.