Michigan Matters: Penske's Freedom 250 Grand Prix and Mitch Albom on the Motor City [CBS News]
Fox Corporation - Class B (FOX)
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Source: CBS News
Penske, a business and racing legend, turns 89 on Feb. 20 and is celebrating his 60th year in racing during 2026. He talks about the road less traveled in the Motor City and community efforts he has led, including serving as chair of the 2006 Super Bowl committee in Detroit and helping bring the Detroit Grand Prix back, along with GM President Mark Reuss. We talked to Penske on Jan. 13 after he and Reuss participated in the Detroit Free Press inaugural Breakfast Club event of 2026. Bud Denker, president of Penske Corp., also appears on the show and is overseeing logistics of the upcoming Washington, D.C., race, borrowing a page from the Chevy Grand Prix presented by Lear event. The new race is run by Penske Entertainment, part of the Penske global empire, along with Fox Corp., which purchased a 30-percent equity stake in the subsidiary. Denker will split his time overseeing the Washington race and the Detroit race, which takes place later in May. He is working with many oth
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