He founded Penske Racing in 1966, a professional auto racing team. Roger Penske, an American businessman, entrepreneur, and former race car driver, is now retired. He is one of the most successful and respected figures in the motorsports industry. Penske also owns several successful race teams, including Team Penske, which competes in Ind圜ar and NASCAR. He is the founder and owner of Penske Corporation, a diversified transportation services company. Smithfield Foods will appear on the hood of the №43 in over 30 races, providing a substantial amount of revenue to the organization.Roger Penske is an American businessman and entrepreneur who has a net worth of $2.6 billion. RPM has not been in victory lane since the 2014 Coke Zero 400, a rain-shortened race that was won by Almirola. The team had a $6 million decrease in revenue from 2016 to 2017, but had been steady before that. Seven-time champion Richard Petty’s organization scaled back to one-car for 2017 and is focusing all of its efforts on the №43 car and driver Aric Almirola. If Larson re-ups his deal with the organization and stays put, look for Chip Ganassi Racing to have success both on the track and financially. Larson has the talent to be a championship winning driver and give owner Chip Ganassi his first Monster Energy NASCAR Cup Series trophy. Larson’s success, driving style, and popularity should ensure no shortage of sponsors for Ganassi. Larson’s sponsor Target reduced its sponsorship of the №42 machine, but CreditOne quickly slid in to fill the void. Larson, earned his first win last season at Michigan, and it appears he will be the face of Ganassi as long as he chooses. McMurray enters his 15th full-time season in the Monster Energy NASCAR Cup Series, while Larson enters his fourth. Veteran Jamie McMurray and young-gun Kyle Larson are paired together at CGR, giving the organization a nice balance. It’s a pivotal time for Jack Roush and crew as they need to get back to having on-track success and have a household name within the organization. Second, RFR needs to either find the next big-time upcoming driver or lure away a household name. While it won’t cement their place among NASCAR’s elites, it will bring Roush back into the conversation. First, Bayne and Stenhouse need to find their way into victory lane and make a playoff appearance. To prevent dropping even further on the list, Roush will need to do two things. The team was even forced to shut down the operations of its №16 team, which was by led by driver Greg Biffle. and Trevor Bayne carry the Roush Fenway flag. Gone are the days of Mark Martin and Matt Kenseth. The organization no longer has the household names of the early 2000s. Because of that, I’d think that his team would be valued more due to longstanding sponsorships and the success he has had in the Monster Energy NASCAR Cup Series. Not only has he had successful drivers in the past, but today he continues to have top talent in Joey Logano and Brad Keselowski. Numbers don’t lie, but look at the track record of Roger Penske. Rounding out the top five of the list is Team Penske. If an RCR driver can find their way into victory lane, have success in the playoffs and keep sponsors happy, look for RCR to stay in the top five of the most valuable NASCAR teams. Then, it was Jeff Burton in the driver’s seat, whereas now it’s Ryan Newman. The key to that relationship: Keep Menard in house.Īdditionally, Caterpillar has been associated with Richard Childress Racing and the №31 team since 2009. The presence of those veteran drivers, along with 2016 Daytona 500 winner Denny Hamlin, should continue to draw in sponsors.Ī piece of good news for RCR is that it has had a partnership with Menards since 2010, when Paul Menard, son of founder Jon Menard Jr. Kyle Busch and Matt Kenseth have both won championships in the Monster Energy NASCAR Cup Series, although Kenseth’s came in 2003 with Roush Fenway Racing. Thus far, sponsors have stayed with Edwards’ replacement, Daniel Suarez, but that could change. It remains to be seen whether or not that decrease will continue, but it is very much a possibility since Carl Edwards decided to walk away from the sport. Currently, it’s valued at $225 million with a revenue of $135 million. Joe Gibbs Racing - $225 millionĭespite being second on the list, JGR had a one-year decrease of nearly 12 percent. and Johnson, Hendrick Motorsports could see a slight (or even moderate) decline in value. However, without the flare of well-known drivers like Earnhardt Jr. When that happens, Elliott will become the flagship driver, which shouldn’t be a problem for the 21-year-old Dawsonville, Georgia native. and Johnson will consider retirement in the very near future.
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