Team Penske Executive and Leadership Team

September, 2026

Leadership Overview

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

Driven by a commitment to technical excellence, Team Penske maintains a legacy of performance in professional motorsports through rigorous engineering and strategic race operations across international racing circuits.

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 - Simon Pagenaud
  • President - Jonathan Diuguid
  • 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 the entire motorsports organization. Lawless manages the alignment of engineering resources and race operations to ensure consistent performance across IndyCar, NASCAR, and sports car disciplines. By overseeing the integration of technical innovation with competitive goals, the Chief Executive Officer maintains the organization's status as a premier racing entity. Lawless coordinates with the board to secure long-term partnerships and financial stability for the various racing teams. This leadership role involves evaluating market opportunities and expanding the company's footprint in international racing series. Through the optimization of vehicle preparation facilities and the management of high-level personnel, Ted Lawless drives the operational success of the entire enterprise. Ultimately, the Chief Executive Officer secures the competitive edge necessary for victory in prestigious events like the Indianapolis 500 and Daytona 500.

    David Hoffert - Chief Financial Officer

    David Hoffert, the Chief Financial Officer at Team Penske, manages the fiscal health and budgetary allocations for all racing operations. Hoffert oversees the financial planning required to support complex vehicle preparation and engineering projects across multiple motorsport categories. By monitoring revenue streams from sponsorships and race winnings, the Chief Financial Officer ensures the organization maintains the necessary capital for technical development. Hoffert collaborates with department heads to streamline operational costs while maximizing investment in high-performance equipment. This leadership role involves rigorous analysis of financial data to support strategic decisions regarding team expansion and resource distribution. David Hoffert provides the fiscal oversight required to sustain the company's competitive presence in major international racing series. Through disciplined financial management, the Chief Financial Officer enables the organization to pursue innovation and excellence in every race, ensuring long-term sustainability for the entire racing enterprise.

    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 initiatives for the IROC program. Signore manages the technical standards and vehicle parity required for this unique racing series, ensuring consistent performance across all participating drivers. By overseeing the logistics of race events and the maintenance of the specialized fleet, the President, The International Race of Champions (Iroc) maintains the integrity of the competition. Signore coordinates with racing officials and stakeholders to uphold the high standards associated with the brand. This leadership role involves managing the complex requirements of endurance championships and ensuring that all technical aspects meet rigorous safety and performance benchmarks. Jay Signore drives the operational success of the IROC program through meticulous attention to detail and strategic planning. Ultimately, the President, The International Race of Champions (Iroc) secures the reputation of the series as a pinnacle of professional auto racing.

    Simon Pagenaud - President

    Simon Pagenaud, the President at Team Penske, directs the strategic development of sports car racing initiatives and driver performance programs. Pagenaud oversees the integration of advanced telemetry and driver feedback into the vehicle preparation process to enhance competitive outcomes. By managing the training and development of racing talent, the President ensures the organization remains at the forefront of endurance championships. Pagenaud collaborates with engineering teams to refine vehicle dynamics and race strategy for major international events. This leadership role involves fostering a culture of technical precision and high-level performance across the sports car division. Simon Pagenaud drives the operational scale of the organization by aligning driver capabilities with the company's engineering strengths. Through constant evaluation of track performance and technical data, the President secures the competitive advantage required for success in the most prestigious endurance racing series globally.
    Simon Pagenaud

    Jonathan Diuguid - President

    Jonathan Diuguid, the President at Team Penske, directs the operational execution and technical infrastructure for the organization's NASCAR programs. Diuguid oversees the daily management of vehicle preparation facilities and the coordination of race-day logistics to ensure peak performance. By managing the engineering teams and the implementation of new racing technologies, the President ensures the organization maintains a competitive edge in the NASCAR series. Diuguid collaborates with crew chiefs and technical staff to optimize car setups and race strategies for diverse track conditions. This leadership role involves managing the complex supply chain and resource allocation required for high-frequency racing schedules. Jonathan Diuguid drives the operational efficiency of the NASCAR division through rigorous process improvement and strategic oversight. Through the application of advanced data analytics and engineering expertise, the President secures the consistent performance necessary for success in major national racing events.
    Jonathan Diuguid

    Tim Cindric - President (Indy Car Program)

    Tim Cindric, the President (Indy Car Program) at Team Penske, directs the comprehensive strategy and race operations for the IndyCar division. Cindric oversees the technical development of the race cars and the strategic decision-making process during high-stakes events like the Indianapolis 500. By managing the engineering staff and the pit crew operations, the President (Indy Car Program) ensures the highest level of precision and performance on the track. Cindric coordinates with the broader leadership team to align the IndyCar program with the company's overall mission of technical innovation. This leadership role involves managing the complex logistics of the racing season and ensuring that all team members operate with maximum efficiency. Tim Cindric drives the competitive success of the IndyCar program through expert race strategy and team leadership. Ultimately, the President (Indy Car Program) secures the organization's legacy of victory by maintaining a relentless focus on performance and technical excellence.

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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.