Penske Corporation

Penske Corporation, Inc. (/pɛn.skiː/) is an American diversified transportation services company based in Bloomfield Township, Oakland County, Michigan. Roger Penske is chairman of the privately held company, and Rob Kurnick is president.
== Holdings ==
=== Current ===
* DAVCO Technology (transportation component manufacturing)
* Ilmor Engineering (high performance motorsport engines)
* Penske Automotive Group (PAG:NYSE – a 40+% stake)
* Penske Entertainment Corporation; parent company of:
** IMS, LLC (Operators of the race track)
** IMS Productions, Inc. (Broadcast Television Production Company with Satellite trucks, TV trucks and Audio/Visual Editing facilities)
** Indianapolis Motor Speedway (2.5-mile race track in Speedway, Indiana)
** INDYCAR, LLC (Motorsports sanctioning body; parent company of the IndyCar Series)
* Penske Logistics (supply chain management and logistics service)
* Penske Motor Group (retail automotive in California and Texas)
* Premier Truck Group (commercial vehicle dealerships)
* Penske Truck Leasing (joint venture with Penske Corp. and Mitsui & Co., Ltd)
* Penske Truck Rental (truck rental services)
* Team Penske (IndyCar and NASCAR)
* Truck-Lite (transportation component manufacturing)
=== Former ===
* Detroit Diesel – A former GM subsidiary, Penske purchased a portion of the company in 1988 and, together with General Motors, spun the company off into a separate company. Sold to DaimlerChrysler AG in 2000.
* DJR Team Penske (51% stake) (Australian V8 Supercars team) sold in 2020
* Penske Auto Centers – A former subsidiary that had operated auto repair centers within selected Kmart stores from 1995 until 2002.
* VM Motori S.p.A. – 50% was bought in 2003 and the rest in 2007, but a 51% stake was sold to Fiat S.p.A. in February 2011, and the remainder sold to Fiat in 2013.