Penske To Receive Simeone's Spirit Of Competition Award October 31

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Legendary businessman and motorsports team owner Roger Penske will be the recipient of this year’s Spirit of Competition Award from the Simeone Foundation Automotive Museum.

The award gala will be held on Wednesday, October 31, at the famed museum in Philadelphia.

“No one epitomizes the ‘Spirit of Competition’ more than Roger Penske,” Simeone Executive Director Fred Simeone said. “He not only was an outstanding driver in his own right, but Team Penske is also one of the most successful racing teams in the history of motorsports.”

Penske’s love of racing began racing in 1951 when he attended his first Indianapolis 500 with his father. Eventually, Penske became a winning sports car driver and was named Sports Car Driver of the Year by Sports Illustrated in 1961. He retired from racing in 1965 to open his first automotive dealership in Philadelphia.

Roger Penske Racing – which would eventually become Team Penske – was formed in 1966 and debuted at the 24 Hours of Daytona, with headquarters initially in the Philadelphia suburb of Newtown Square.

Since then, Team Penske has become one of the most successful teams in the history of professional sports. Cars owned and prepared by Team Penske have produced more than 500 major race wins, over 570 pole positions and 32 championships across open-wheel, stock car and sports car racing competition.

Throughout its 52-year history, the team has also earned 17 Indianapolis 500 victories, two Daytona 500 triumphs, a Formula 1 win and overall victories in the 24 Hours of Daytona and the 12 Hours of Sebring.

Team Penske currently competes in the Verizon IndyCar Series, the Monster Energy NASCAR Cup Series, the NASCAR Xfinity Series and the IMSA WeatherTech SportsCar Championship. The team also races in the Virgin Australia Supercars Championship, in a partnership with Dick Johnson Racing, as DJR Team Penske.

The Spirit of Competition is the theme of the Simeone Foundation Automotive Museum and the focus of its annual fundraiser.

Past recipients of the award include Mario Andretti, Janet Guthrie, John Fitch, Craig Breedlove, Sam Posey, Hurley Haywood, Bobby Rahal, David Hobbs, Peter Brock and Derek Bell.

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