Team Penske (also known as Penske Racing) is a racing team that currently owns cars running in the Indy Racing League and NASCAR; it formerly competed in CART. The team is named after its founder and principal owner, Roger Penske, and is a part of his conglomerate, Penske Corporation. The Indy Racing League, better known as IRL, is the promoter of a predominantly oval based open-wheel racing series in the United States and more recently, Japan. ... NASCAR logo The National Association for Stock Car Auto Racing (NASCAR) is the largest sanctioning body of motorsports in the United States. ... Champcar has been the name for the class of cars used in the United States premier open wheel auto racing series for decades. ... Roger Penske (born February 20, 1937 in Shaker Heights, Ohio) is the owner of a very successful automobile racing team, and other automotive related businesses. ... Penske Corporation is a Bloomfield Hills, Michigan-based company, with auto racing legend Roger Penske at the wheel. ...

Team Penske is one of the most successful teams in motor racing history. It has won the Indianapolis 500 a record 13 times (as of 2003), and is also the winningest team overall in the history of the CART/Champ Car World Series (the winningest Champ Car team currently running in the series is Newman/Haas Racing). Indianapolis 500, 1994 The Indianapolis 500 Mile Race, frequently shortened to Indianapolis 500 or Indy 500, is an American race for open-wheel automobiles held annually over the Memorial Day weekend at the Indianapolis Motor Speedway in Speedway, Indiana. ... 2003 is a common year starting on Wednesday of the Gregorian calendar. ... Newman/Haas Racing is an auto racing team in the Champ Car series. ...

In 1971, Roger Penske bought a used 512 M chassis that was totally dismantled and rebuilt. The car was specially tuned for long races receiving many unique features, among them were a large rear wing and an aviation inspired quick refueling system. The engine was tuned by Can-Am V8 specialist Traco, this engine was probably able to deliver more than 600 hp (450 kW). As of today it's impossible to know to what extend Penske's initiative was backed by Ferrari works. This 512 M, painted in a blue and yellow livery, was sponsored by Sunoco and the Californian Ferrari dealer Kirk F. White. This car made the pole position for the 24 hours of Daytona and finished second despite an accident. For the 12 hours of Sebring the "Sunoco" made the pole but finished the race at the sixth position after making contact with Pedro Rodrigez's 917. Despite this misfortune the car had proved to be a serious opponent for the 917. Not only this car was the fastest on track in Daytona and Sebring but it was also the car that had the shortest refueling time. 1971 is a common year starting on Friday (click for link to calendar). ... Sunoco (NYSE: SUN) is an American petroleum and petrochemical manufacturer headquartered in Philadelphia, Pennsylvania, formerly known as Sun Company Inc. ...

The presence of the 512 M "Sunoco" forced Porsche to pursue his effort of research and development on the 917.

Later Penske ran Porsche 917 in Canam. Cover of Car and Driver magazine, showing transparent diagram of CanAm racer The Canadian-American Challenge Cup or Can Am, was an SCCA/CASC sports car racing series from 1966 to 1974. ...

Penske was a Formula One constructor from 1974 through 1977 Formula One, abbreviated to F1 and also known as Grand Prix racing, is the highest class of single-seat open-wheel formula auto racing. ... The following is a list of constructors which have competed or plan to compete in the Formula One World Championship. ... 1974 is a common year starting on Tuesday (click on link for calendar). ... 1977 was a common year starting on Saturday (the link is to a full 1977 calendar). ...