<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
accompanying consolidated balance sheets of Penske Motorsports, Inc. as of
December 31, 1998 and the related consolidated statements of income for the
period then ended and is qualified in it's entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1998
<PERIOD-START>                             OCT-01-1998             JAN-01-1998
<PERIOD-END>                               DEC-31-1998             DEC-31-1998
<CASH>                                           1,311                   1,311
<SECURITIES>                                         0                       0
<RECEIVABLES>                                    4,398                   4,398
<ALLOWANCES>                                         0                       0
<INVENTORY>                                      3,085                   3,085
<CURRENT-ASSETS>                                10,408                  10,408
<PP&E>                                         278,956                 278,956
<DEPRECIATION>                                  31,535                  31,535
<TOTAL-ASSETS>                                 310,534                 310,534
<CURRENT-LIABILITIES>                           26,052                  26,052
<BONDS>                                         61,954                  61,954
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                           142                     142
<OTHER-SE>                                     199,604                 199,604
<TOTAL-LIABILITY-AND-EQUITY>                   310,534                 310,534
<SALES>                                          3,596                  23,712
<TOTAL-REVENUES>                                25,416                 116,858
<CGS>                                            1,715                  13,972
<TOTAL-COSTS>                                   18,248                  85,777
<OTHER-EXPENSES>                                 (189)                     274
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                               1,037                   3,523
<INCOME-PRETAX>                                  6,320                  27,284
<INCOME-TAX>                                     2,487                  10,697
<INCOME-CONTINUING>                              3,833                  16,587
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                     3,833                  16,587
<EPS-PRIMARY>                                      .28                    1.17
<EPS-DILUTED>                                      .28                    1.17
        

</TABLE>