Jay Penske

Jay Penske is an influential American businessman, primarily recognized as the Chairman and CEO of Penske Media Corporation (PMC) and the Owner & Team Principal of the DS PENSKE Formula E Team. Born on May 5, 1979, in New York City, he is the youngest son of Roger Penske, a notable figure in auto racing and business.

Education and Early Career

Penske graduated from the University of Pennsylvania's Wharton School with a Bachelor’s degree in Finance and Management of Information Systems. His career began with entrepreneurial ventures, including co-founding Firefly Mobile, which created a mobile phone targeted at children. He established PMC in 2004, which has grown into one of the largest media companies globally, owning major brands such as Variety, Rolling Stone, and Billboard.13

Involvement in Motorsports

In addition to his media endeavors, Penske has made significant contributions to motorsports. He founded an IndyCar Series racing team in 2007 and entered Formula E in 2013 with the establishment of Penske Autosport. Under his leadership, the DS PENSKE team has achieved notable success, including winning races across various countries.12

Personal Life and Recognition

Penske's leadership has garnered him recognition as one of the top private company executives in North America. He has been involved in various philanthropic efforts and sits on several boards, including those of Vox Media and the Paley Center for Media. His personal life includes an engagement to model Elaine Irwin, with whom he has a daughter.13

Overall, Jay Penske exemplifies a blend of media innovation and motorsport excellence, continuing to expand his influence across both fields.