Sports Industrialists

CORPORATE WORLD OF ROGER PENSKE EXPLORED BY N.Y. TIMES

5.29.1996

     The multi-billion dollar "transportation empire" of ROGER
PENSKE was examined by the N.Y. TIMES on Sunday.  In addition to
the publicly traded Penske Motorsports Inc. (which includes
speedways in MI, CA and PA), he also owns the Penske Truck
Leasing Company, the Detroit Diesel Corporation, a chain of auto-
repair shops recently purchased from Kmart Corporation, and a
number of auto dealerships in Southern CA.  Penske, on his
success:  "I don't think anyone is lucky.  All luck is based on
hard work and being in a position to execute" (Edward Wyatt, N.Y.
TIMES, 5/26).

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