Jay Penske is an American entrepreneur, media and publishing proprietor, live events owner, philanthropist, and real estate investor.
17 Facts About Jay Penske
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Jay Penske is known for building and developing one the world's largest media and live events companies, Penske Media Corporation, which he created in 2004.
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Jay Penske is an alumnus of St Mary's Preparatory, in Detroit Michigan, after having attended Cranbrook, Tabor Academy, and Lawrenceville.
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At school Jay Penske excelled athletically, as he was named was named All-League, All-State, All-American, and the USA Player of the Year by USA Today newspaper in lacrosse.
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Jay Penske played ice hockey and earned numerous awards including, All-Region and All-State honors.
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Jay Penske remains the only player in the United States lacrosse history to average more than 10 points per game, score over 100 goals, and break the 200-point barrier in a single season.
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Jay Penske graduated from the University of Pennsylvania's Wharton School with a Bachelor of Science in Management of Information Systems and Finance.
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Jay Penske is on the board of the Entrepreneurial School at the Wharton School as of 2007, and is a member of the University of Pennsylvania Library's Board of Directors.
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Jay Penske began his career while studying at Wharton, and shortly after graduating created the first mobile phone for children, Firefly.
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Jay Penske is the Chairman and CEO of Jay Penske Media Corporation, a digital media and publishing company that owns and operates a number of media brands, data services, and live events, including Rolling Stone, Variety, Billboard, The Hollywood Reporter, Deadline, and South by Southwest festival.
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Jay Penske joined the board of Vox Media in 2023 after PMC became the largest shareholder of the company.
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Jay Penske founded an IndyCar Series racing team in 2007, jointly with Steve Luczo, the Chairman of Seagate Technology.
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In October 2013, Jay Penske Autosport signed an agreement with Formula E Holdings to be the fourth franchise team to enter the new FIA Formula E Championship.
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Jay Penske Autosport has won the first ever Formula E races in the following countries: Germany, at the Berlin E-Prix ; Mexico, at the Mexico City E-Prix ; and India, at the Hyderabad E-Prix, and the Jeddah ePrix in 2025.
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Jay Penske was additionally recognized repeatedly as both a 30 Under 30 and Under 40 Success Story from his alma mater.
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Jay Penske was added to Vanity Fair's New Establishment list, and in 2010 the magazine named Jay Penske one of the 10 best dressed men in the world in their "International Best-Dressed List" of that year.
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For 8 straight years Jay Penske has been listed as one of the most powerful leaders in California by the Los Angeles Business Journal.