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Roger Penske Applauds NASCAR Game-Changing Media Deals

Roger Penske Applauds NASCAR: In a press briefing on Thursday morning, Roger Penske expressed his enthusiasm for NASCAR’s groundbreaking media rights deals. The newly announced partnerships with NBC, Fox, Amazon, and Warner Bros. Discovery are set to bring select Cup Series races exclusively to streaming platforms, starting in 2025. Penske, the owner of Ryan Blaney’s championship team, praised the seven-year deals, estimated to generate a staggering $7.7 billion. “Believe me: If NBC and Fox, along with the other partners, didn’t see the value in this collaboration, NASCAR wouldn’t have secured $7.7 billion,” Penske stated during a press conference held at the Music City Center. “I trust the expertise behind this move, and to me, it’s a significant leap forward.”

The 86-year-old owner has clinched the last two Cup Series championships, with Team Penske’s Joey Logano securing the 2022 title, marking the first instance of Penske Racing winning consecutive Cup titles.

Roger Penske Applauds NASCAR (1)

Reflecting on his initial encounter with Roger Penske in 2012, Blaney recalls stepping onto a Team Penske bus with his father. At that time, a 19-year-old Blaney was seeking his first full-time opportunity and had been exploring options with various Cup Series teams, including JR Motorsports and Joe Gibbs Racing. Penske held admiration for Blaney’s father, Dave—a retired driver—and Brad Keselowski, a member of Team Penske at the time, had developed a rapport with the young Blaney. Recognizing his potential, Blaney was welcomed into the team.

ALSO READ: Roger Penske Formula 1 Return: Revisiting Racing’s Grand Stage?

Our Reader’s Queries

Does Roger Penske still own a NASCAR team?

The Team Penske Racing Team boasts an impressive track record, having secured four national series driver’s titles, five Xfinity Series Owners championships, and a whopping 214 victories in NASCAR to date. In addition, Roger Penske leads a full-time IndyCar team that has garnered just as many, if not more, accolades. Their success speaks for itself, cementing their position as a top contender in the racing world.

What is Roger Penske net worth?

Penske kickstarted his racing career at the Marlboro Motor Raceway in Upper Marlboro, Maryland. His exceptional driving skills earned him the title of Sports Car Club of America Driver of the Year in 1961, as recognized by Sports Illustrated. He also participated in two Formula One Grands Prix and emerged victorious in a NASCAR Pacific Coast Late Model race at Riverside in 1963.

Did Roger Penske ever race cars?

Born on February 20, 1937 in Shaker Heights, Ohio, USA, Roger Penske is a successful businessman and entrepreneur. He has been happily married to Kathryn Hulbert since August 3, 1973 and together they have three children. Prior to his current marriage, Penske was married to Lissa Stouffer. With his impressive track record, Penske has become a well-known figure in the business world.

Khushal Bhatia
Khushal Bhatiahttps://slicksandsticks.com/
Khushal Bhatia, a distinguished BA (Hons) English graduate from St. Stephen College (University of Delhi) and a holder of a Post Graduate Diploma in Journalism (English) from IIMC Delhi, is an accomplished journalist. Currently affiliated with Slicksandsticks.com, Khushal is an expert in covering a range of sports topics with a specialization in motorsports, particularly NASCAR. His insightful articles explore the nuances of the sporting world, providing readers with comprehensive analysis and the latest updates. With a commitment to unbiased reporting, Khushal's expertise and authoritative voice make him a reliable source for sports enthusiasts.
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