The company manages businesses with revenues totaling more than $31 billion and employing more than 63,000 people worldwide. Penske has long been associated with metro Detroit, having lived in Birmingham and maintaining the headquarters for Penske Automotive in Bloomfield Hills.Ī former professional auto racer himself, Penske is also the founder and chairman of Penske Corp., with subsidiaries in auto sales, truck leasing and transportation logistics. Trump has given the award to other sports figures, including Yankees reliever Mariano Rivera, basketball stars Bob Cousy and Jerry West, and golfer Tiger Woods. One of his drivers, Simon Pagenaud, won the Indianapolis 500 in May.Įstablished in 1963, the Medal of Freedom is awarded by the president to individuals who have made exceptional contributions to America, cultural or otherwise. In a ceremony at the White House before an audience that included Penske's family and friends, Trump called Penske a "giant" of both racing and industry and marveled over a record that includes 34 championships, 18 Indianapolis 500 wins and two Daytona 500s. ![]() WASHINGTON - Roger Penske, a longtime metro Detroit businessman whose motorsports teams are legendary for their success, was awarded the nation's highest civilian honor, the Medal of Freedom, by President Donald Trump on Thursday. Past recipients include director Steven Spielberg, boxer Muhammad Ali, former first lady Nancy Reagan, evangelist Billy Graham and civil rights icon Rosa Parks.Watch Video: Roger Penske on winning 18th Indianapolis 500 in 50th race “He won probably more than anyone in the history of racing. “He is a great gentleman who has won 18 Indianapolis 500s … just won Daytona,” Trump said in an Oval Office meeting in June. Trump said he’s known the fellow billionaire “a long time” and called him “very deserving.” In a Twitter post from June, Penske thanked Trump for the recognition of “our achievements in business, in motorsports and in our community.” It’s very exciting for me, for my family and certainly for our whole team and the people that have been around me to help me get to where I have been in life.” “It was very humbling to understand that I would receive the Presidential Medal of Freedom. “What an honour it was to get a call from the president,” Penske said in July. Penske received a call from Trump over the summer telling him he would be receiving the award. Penske’s passion and unrelenting drive have established him as a business and motorsports icon.” Penske built and led Team Penske into the most successful motorsports team in history. “Guided by his father’s favourite phrase, ‘effort equals results,’ Penske built his one car dealership into Penske Corporation, a leader in global transportation services. ![]() ![]() Penske is a well-known American success story,” the White House said in a statement. It was first established by President John F. The Medal of Freedom is awarded to civilians who have made noteworthy contributions to society. Penske won 18 Indianapolis 500 races, founded the Penske Corporation and helped bring the Super Bowl to Detroit in 2006. Racing icon and businessman Roger Penske will receive the Presidential Medal of Freedom award Thursday from President Donald Trump. Trump to award Medal of Freedom to former racer Roger Penske
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