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NAMES IN THE NEWS
Published October 13, 1994
BUSINESS WEEK profiles entrepreneur ROGER PENSKE, Chairman of Penske Corp., the $3.6B transportation empire that includes a $65M auto racing unit and "a nearly unbeatable Indy car racing team." Penske next idea has him "flirting with the idea of a Formula 1 team for the European circuit" (BUSINESS WEEK, 10/17 issue)....So. FL sports magnate H. WAYNE HUIZENGA was interviews on CNN's "Moneyline." On the entertainment industry: "Consolidation is going to be the name of the game. There will be fewer players and bigger players." On labor problems: "It is ironic that two out of three of our teams are on strike, and I'm glad the third one isn't going on strike" (CNN, 10/12).