Team Penske Executive and Leadership Team

October, 2026

Leadership Overview

Team Penske has 6 executives leading key functions including strategy, financial oversight, racing series management, and operational performance.

Renowned for technical excellence in motorsports, Team Penske maintains a commitment to winning major international racing championships through innovation and precision engineering.

Leadership Roles at Team Penske

  • Chief Executive Officer - Ted Lawless
  • Chief Financial Officer - David Hoffert
  • President, The International Race of Champions (Iroc) - Jay Signore
  • President - Jonathan Diuguid
  • President - Simon Pagenaud
  • President (Indy Car Program) - Tim Cindric
  • Ted Lawless - Chief Executive Officer

    Ted Lawless, the Chief Executive Officer at Team Penske, directs the overarching strategic vision for this premier motorsports organization. Lawless oversees the integration of engineering resources and race operations across IndyCar, NASCAR, and sports car disciplines. By aligning technical innovation with competitive goals, the Chief Executive Officer ensures consistent performance at prestigious events like the Indianapolis 500. Lawless manages high-level partnerships and drives the expansion of the organization's footprint within international racing series. This leadership role involves coordinating with department heads to optimize vehicle preparation and team efficiency. Through rigorous oversight of organizational assets, Ted Lawless maintains the competitive edge required for success in professional auto racing. The Chief Executive Officer fosters a culture of excellence, ensuring that every team member contributes to the pursuit of championships while upholding the long-standing reputation of the organization in the global motorsports arena.

    David Hoffert - Chief Financial Officer

    David Hoffert, the Chief Financial Officer at Team Penske, manages the fiscal health and resource allocation for this extensive motorsports enterprise. Hoffert oversees the budgeting processes for vehicle development, engineering projects, and race operations across multiple racing categories. By analyzing financial data, the Chief Financial Officer supports strategic decisions regarding equipment procurement and facility maintenance in North Carolina. Hoffert ensures that capital investments align with the organization's performance objectives in NASCAR and IndyCar. This role involves monitoring the economic viability of international racing campaigns and endurance championships. Through precise financial planning, David Hoffert secures the necessary funding to maintain state-of-the-art facilities and support elite racing teams. The Chief Financial Officer drives fiscal discipline, enabling the organization to sustain its technical innovation and competitive standing while navigating the complex financial landscape of professional auto racing on a global scale.

    Jay Signore - President, The International Race of Champions (Iroc)

    Jay Signore, the President, The International Race of Champions (Iroc) at Team Penske, directs the specialized operations and strategic development of the IROC series. Signore oversees the technical standards and competitive integrity required for high-level sports car racing and endurance championships. By managing the preparation of race cars, the President, The International Race of Champions (Iroc) ensures that all vehicles meet the rigorous performance criteria expected of the organization. Signore coordinates with engineering teams to refine vehicle dynamics and race strategy for international competition. This leadership role involves maintaining the legacy of the IROC brand while integrating modern racing advancements. Through meticulous attention to operational detail, Jay Signore drives the success of the series, ensuring that the organization remains a dominant force in professional motorsports. The President, The International Race of Champions (Iroc) fosters innovation, securing the competitive future of the program within the broader Team Penske framework.

    Jonathan Diuguid - President

    Jonathan Diuguid, the President at Team Penske, directs the operational execution and team management for the organization's sports car racing initiatives. Diuguid oversees the daily activities of engineering staff and race crews, ensuring peak performance during endurance championships and major international events. By focusing on technical development and race-day strategy, the President optimizes the preparation of vehicles for competitive success. Diuguid coordinates with other executive leaders to align sports car operations with the broader goals of the organization. This role involves managing personnel and resources to maintain high standards of innovation and efficiency. Through proactive leadership, Jonathan Diuguid drives the growth of the sports car program, ensuring that the team remains at the forefront of professional auto racing. The President fosters a collaborative environment, enabling the organization to achieve consistent results and maintain its status as a premier motorsports entity in the global market.
    Jonathan Diuguid

    Simon Pagenaud - President

    Simon Pagenaud, the President at Team Penske, directs the strategic development and performance optimization of the organization's specialized racing programs. Pagenaud oversees the integration of advanced driving data and engineering feedback to enhance vehicle performance across various motorsport disciplines. By leveraging deep industry expertise, the President refines race strategies and technical setups for high-stakes competition. Pagenaud collaborates with engineering teams to push the boundaries of innovation, ensuring that the organization maintains a competitive advantage in international racing series. This leadership role involves mentoring technical staff and driving the pursuit of excellence in every race event. Through a focus on precision and performance, Simon Pagenaud contributes to the overall success of the organization's racing operations. The President ensures that all technical efforts align with the company's mission, driving the team toward consistent podium finishes and championship titles in the demanding world of professional auto racing.
    Simon Pagenaud

    Tim Cindric - President (Indy Car Program)

    Tim Cindric, the President (Indy Car Program) at Team Penske, directs the comprehensive operations and strategic planning for the organization's IndyCar division. Cindric oversees the engineering, vehicle preparation, and race-day execution for the IndyCar team, ensuring that all efforts support the pursuit of championships. By managing the technical and personnel resources, the President (Indy Car Program) drives the development of high-performance race cars for events like the Indianapolis 500. Cindric coordinates with the broader executive team to align IndyCar objectives with the organization's overall mission of technical innovation. This role involves making critical decisions regarding race strategy and team structure to maintain a competitive edge. Through rigorous oversight, Tim Cindric ensures that the IndyCar program remains a cornerstone of the organization's success. The President (Indy Car Program) fosters a culture of continuous improvement, enabling the team to consistently perform at the highest level of professional motorsports.

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    Frequently Asked Questions Regarding Team Penske Top Executives and Leadership Team

    Who leads Team Penske?
    Team Penske is led by Ted Lawless (Chief Executive Officer), along with executives such as David Hoffert (Chief Financial Officer) and Jay Signore (President, The International Race of Champions (Iroc)).
    Who is part of Team Penske’s executive team?
    The executive team of Team Penske includes leaders such as Ted Lawless (Chief Executive Officer), David Hoffert (Chief Financial Officer), Jay Signore (President, The International Race of Champions (Iroc)) and other senior executives.
    How many executives does Team Penske have?
    Team Penske has 6 executives leading key business areas.
    What roles are included in Team Penske’s leadership team?
    The leadership team of Team Penske includes roles such as Chief Executive Officer, Chief Financial Officer, President, The International Race of Champions (Iroc), President, President.