Penske Racing (PEN)

Penske Racing (PEN)

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Dodge Pulls Out of NASCAR

When Penske decided to drop Dodge in favor of Ford, Dodge was left on the outside of the NASCAR world looking in. They had no team to field their newly developed NASCAR Sprint Cup ride and things looked pretty bleak.

Things went from bleak to ugly, as Dodge failed to have its Charger ready for testing this week and reports indicate that this means Dodge is out of NASCAR for the 2013 season. There is no clear-cut reasoning for Dodge pulling out so abruptly, but many sources are pointing toward Fiat, Dodge’s parent company, having no interest in NASCAR and forcing the pull out.

Last time we checked, Chrysler – including Dodge – is what kept Fiat’s ass afloat this year and to take away NASCAR as a means of advertising seems a little odd by a company that knows nothing about the “sport.”

At the press conference held at 2:30 ET today, Dodge SRT and Motorsports CEO Ralph Gilles only confirmed that Dodge is dropping its NASCAR presence. "Following our thorough five month process weighing all options in the sport, we have decided to withdraw from NASCAR racing," he said in an opening statement during the news conference. "You have no idea how much we feel the pain," he added.

This announcement solidifies the elimination of the last rear-driven, V-8-powered factory car from the NASCAR Sprint Cup series. Every other car on the circuit is now front-wheel drive.

Dodge’s last NASCAR withdrawal happened in 1977, and it did not return until 2001. By that pace, we should see Dodge return to NASCAR sometime in the 2030s... Actually, we are willing to bet that Dodge returns in just a few years, at the most.

UPDATE 08/07/2012: NASCAR followed up Dodge’s press conference with a statement of their own concerning Dodge’s departure. “Dodge has been a great partner to NASCAR for many years, and they have been part of numerous memorable moments throughout our history,” said NASCAR Chairman and CEO Brian France. “They made a business decision not to return in 2013, as they did in 1977 before returning in 2001. We wish them well and hope they again will choose to return to NASCAR at a later date."

Click past the jump to read NASCAR’s presser.

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Chevrolet To Supply Engines For Indy In 2012

Chevrolet To Supply Engines For Indy In 2012

Well, it’s now official, Chevrolet is going to be racing in 2012 and not that go around in circles kind of racing either. The automaker will be the V6 engine supplier for Team Penske for the Indy Car Series in two years.

Those who are big into Indy Racing, and not just for Danica Patrick, will remember that Chevrolet used to supply motors from 1986 till 1993 and then again in 2002 to 2005.

The motor that is being worked on is a twin-turbocharged, direct injection 2.4-liter V6 that will run on E85 fuel. The block and cylinder heads will be aluminum, but we have yet to read how much power will be produced.

Penske Racing is the first team to agree to use Chevrolet motors, but the company expects to have more, as rules dictate that any team can use them if they so choose.

Hit the jump to see the press release.

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Hornish will drive third car for Penske Racing in 2008

Hornish will drive third car for Penske Racing in 2008

Sam Hornish Jr. is leaving the IndyCar Series for a full-time ride in NASCAR, joining the mass exodus of open-wheel stars fleeing to America’s most popular racing series.
The three-time IndyCar champion told The Associated Press he will drive the No. 77 Dodge next season for Penske Racing with Mobil 1 as the sponsor.
"I feel like this is something that is a new and unique challenge for me," Hornish said Thursday. "It may or may not be the right way to look at it, but I feel (...)

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Penske Racing Team

Penske Racing Team

Roger Penske , born February 20, 1937, in Shaker Heights, Ohio is the owner of the Penske Racing Team, a very successful team that competes in the NASCAR, ALMS and Indy Racing League.
Penske Racing returned to NASCAR fulltime in 1991 with driver Rusty Wallace and sponsor Miller Brewing Co. after a 14-year hiatus from stock car racing. By 1998, it had grown into a two-car operation, and for the 2004-05 NEXTEL Cup Series seasons a third team was added.
Penske returned to two full-time (...)

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Porsche RS Spyder sets fastest qualifying time in class

Porsche RS Spyder sets fastest qualifying time in class

By setting the quickest qualifying time in the LMP2 class, the RS Spyder fielded by Penske Motorsports is in a good starting position for the eighth round of the American Le Mans Series. On the legendary Road America course in the US state of Wisconsin the Weissach-developed and built sports prototypes, which have excelled this season by securing five overall victories so far, take up the race on Saturday from the second row.
Claiming the fastest time in the LMP2 class and setting a new (...)

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Penske Porsche wins at Lime Rock

Penske Porsche wins at Lime Rock

A great day for Penske Motorsports as their pilots Ryan Briscoe and Sascha Maassen brought victory in the American Le Mans Series, at the Northeast Grand Prix. Ryan Briscoe took the lead over the team-mates Timo Bernhard and Romain Dumas.Briscoe won the race after a long dominance of Dumas.
David Brabham and Stefan Johansson took the 3rd place for their Highcroft Racing team.
Allan McNish and Dindo Capello finished first in the LMP1 with their diesel-powered Audi R10 TDI.The Audi R10 TDI (...)

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