Team Penske Executive and Leadership Team

May, 2026

Leadership Overview

Team Penske has 6 executives leading key functions including strategy, finance, Indy Car program, racing operations, and international racing.

Driven by a legacy of excellence, Team Penske is dedicated to achieving peak performance in motorsports through technical innovation and strategic racing operations, solidifying its position as a premier organization.

Leadership Roles at Team Penske

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

    Ted Lawless, the Chief Executive Officer at Team Penske, directs the overarching strategy and operational framework for the premier motorsports organization. Lawless guides the company's expansion across IndyCar, NASCAR, and sports car racing disciplines, ensuring alignment with the organization's founding principles of technical innovation and competitive excellence. Overseeing all major business functions, the Chief Executive Officer ensures robust preparation and operation of race cars for international series and prestigious events like the Indianapolis 500 and Daytona 500. This leadership role involves fostering a culture of continuous improvement within extensive facilities dedicated to vehicle preparation, engineering, and race operations. Ted Lawless drives the strategic vision that supports multiple racing teams, maintaining Team Penske's consistent performance and market impact in motorsports competition.

    David Hoffert - Chief Financial Officer

    David Hoffert, the Chief Financial Officer at Team Penske, manages all financial operations and fiscal strategy for the motorsports organization. Hoffert oversees budgeting, financial planning, and resource allocation across IndyCar, NASCAR, and sports car racing programs. The Chief Financial Officer ensures the financial health and sustainability of Team Penske's extensive facilities and race operations, supporting the preparation and deployment of competitive race cars. This critical role involves analyzing financial performance, identifying investment opportunities in technical innovation, and managing expenditures to maximize return on investment for major racing events. David Hoffert's financial acumen underpins the organization's ability to fund its multi-disciplinary racing efforts and maintain its reputation for consistent performance and strategic execution.

    Tim Cindric - President (Indy Car Program)

    Tim Cindric, the President (Indy Car Program) at Team Penske, spearheads the strategic direction and operational execution for the organization's IndyCar racing endeavors. Cindric directs the preparation and deployment of race cars competing in the IndyCar Series and major events like the Indianapolis 500, ensuring technical innovation and optimal race strategy. This leadership position involves close collaboration with engineering and race teams to achieve consistent performance and victories. The President (Indy Car Program) oversees the day-to-day management of the IndyCar division, focusing on driver development, car performance enhancements, and competitive positioning within the series. Tim Cindric's deep understanding of IndyCar racing drives the program's success and upholds Team Penske's legacy in this discipline.

    Jonathan Diuguid - President

    Jonathan Diuguid, the President at Team Penske, directs critical aspects of the organization's racing operations and strategic initiatives. Diuguid oversees the preparation and execution of race cars across various disciplines, ensuring Team Penske's commitment to technical innovation and competitive performance. This leadership role involves managing key operational functions and fostering collaboration among engineering, fabrication, and race teams to achieve success in major international series and prestigious events. The President ensures that the extensive facilities support the rigorous demands of motorsports competition, from vehicle preparation to race strategy implementation. Jonathan Diuguid's focus on operational excellence drives the consistent high-level performance that defines Team Penske across all its racing categories.
    Jonathan Diuguid

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

    Jay Signore, the President, The International Race of Champions (Iroc) at Team Penske, leads the strategic vision and operational management for the IROC series. Signore directs the planning and execution of events that bring together top drivers from various racing disciplines, fostering intense competition and showcasing driver skill. This role involves overseeing the logistical and technical aspects required to operate a unique racing championship, ensuring fairness and excitement for participants and fans alike. The President, The International Race of Champions (Iroc) works to maintain the prestige and legacy of the IROC series, contributing to the broader motorsports landscape. Jay Signore's leadership ensures the continued success and relevance of this iconic racing competition.

    Simon Pagenaud - President

    Simon Pagenaud, the President at Team Penske, drives strategic initiatives and operational oversight within the motorsports organization. Pagenaud focuses on enhancing the competitive edge of Team Penske's race cars through advanced engineering and meticulous preparation across multiple racing series. This leadership position involves contributing to race strategy development and ensuring seamless coordination between drivers, engineers, and support staff. The President champions technical innovation, pushing the boundaries of performance in events such as the Indianapolis 500 and endurance championships. Simon Pagenaud's dedication to excellence and deep understanding of racing dynamics significantly contributes to Team Penske's sustained success and reputation for high-caliber competition.
    Simon Pagenaud

    Explore Leadership Teams in Hospitality

    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 Tim Cindric (President (Indy Car Program)).
    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), Tim Cindric (President (Indy Car Program)) 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 (Indy Car Program), President, President, The International Race of Champions (Iroc).