Team Penske Executive and Leadership Team

August, 2026

Leadership Overview

Team Penske has 6 executives leading key functions including strategy, financial oversight, racing operations, and program management.

Driven by a commitment to technical excellence, Team Penske maintains a premier position in global motorsports through rigorous engineering and consistent performance across major racing series.

Leadership Roles at Team Penske

  • Chief Executive Officer - Ted Lawless
  • Chief Financial Officer - David Hoffert
  • President - Simon Pagenaud
  • President (Indy Car Program) - Tim Cindric
  • President - Jonathan Diuguid
  • President, The International Race of Champions (Iroc) - Jay Signore
  • 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 to ensure competitive dominance across IndyCar, NASCAR, and sports car racing disciplines. By aligning corporate objectives with technical innovation, the Chief Executive Officer maintains the organization's reputation for excellence in international racing series. Lawless manages high-level partnerships and ensures the financial health of the enterprise while fostering a culture of performance. Through the coordination of diverse racing teams, the Chief Executive Officer drives the long-term growth of the brand. Ted Lawless secures the necessary infrastructure for vehicle preparation and track-side success, ensuring that the organization remains at the forefront of professional auto racing. This leadership role requires constant adaptation to evolving motorsport regulations and market demands, which Lawless navigates with precision.

    David Hoffert - Chief Financial Officer

    David Hoffert, the Chief Financial Officer at Team Penske, manages the fiscal architecture supporting complex racing operations. Hoffert oversees capital allocation for vehicle development, engineering research, and the logistical requirements of competing in prestigious events like the Indianapolis 500 and Daytona 500. By monitoring budgetary performance across multiple racing categories, the Chief Financial Officer ensures the organization maintains the necessary resources for sustained technical innovation. Hoffert collaborates with the executive team to optimize operational efficiency and secure the financial stability required for international competition. David Hoffert analyzes market trends and sponsorship revenue streams to bolster the company's competitive standing. Through rigorous financial planning, the Chief Financial Officer mitigates risks associated with high-stakes motorsports and supports the expansion of the organization's footprint. This role involves precise oversight of expenditures related to race car preparation and team maintenance, ensuring that every dollar contributes directly to on-track performance.

    Simon Pagenaud - President

    Simon Pagenaud, the President at Team Penske, focuses on the internal development and performance optimization of the organization's racing assets. Pagenaud oversees the technical alignment of vehicle preparation teams, ensuring that engineering standards meet the demands of elite motorsports competition. By bridging the gap between driver performance and mechanical engineering, the President drives the continuous improvement of race car capabilities. Pagenaud coordinates with technical staff to refine racing strategies for endurance championships and major international series. Simon Pagenaud leverages deep industry expertise to enhance the operational efficiency of the team, ensuring that every race entry reflects the organization's commitment to precision. This leadership role involves mentoring technical personnel and fostering a collaborative environment that prioritizes speed and reliability. Through the oversight of internal racing processes, the President ensures that the organization remains a dominant force in the global motorsports landscape, consistently delivering high-performance results on the track.
    Simon Pagenaud

    Tim Cindric - President (Indy Car Program)

    Tim Cindric, the President (Indy Car Program) at Team Penske, architects the competitive strategy for the organization's IndyCar operations. Cindric oversees the entire lifecycle of the IndyCar program, from vehicle design and engineering to race-day execution and driver management. By directing the technical development of race cars, the President (Indy Car Program) ensures that the team remains a perennial contender in the Indianapolis 500 and other major series. Cindric manages the complex logistics of North American racing circuits, coordinating with engineers and crew members to maximize performance. Tim Cindric drives the strategic vision for the IndyCar division, ensuring alignment with the broader goals of the organization. This leadership role involves making critical decisions during high-pressure race environments and managing the long-term development of the racing program. Through meticulous attention to detail and technical innovation, the President (Indy Car Program) secures the organization's legacy of success in open-wheel racing.

    Jonathan Diuguid - President

    Jonathan Diuguid, the President at Team Penske, manages the operational scaling and strategic deployment of the organization's sports car racing initiatives. Diuguid oversees the integration of advanced engineering technologies into the vehicle preparation process, ensuring that the team maintains a competitive edge in endurance championships. By directing the logistical operations for international racing events, the President ensures that the organization's assets are positioned for maximum impact. Diuguid collaborates with engineering leads to refine vehicle performance and reliability, supporting the broader mission of technical excellence. Jonathan Diuguid drives the development of new racing strategies that adapt to the unique requirements of sports car competition. This leadership role involves overseeing the allocation of resources across various racing categories and ensuring that the team's operational infrastructure supports consistent performance. Through the management of complex racing projects, the President contributes to the organization's reputation for innovation and success in the global motorsports arena.
    Jonathan Diuguid

    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 legacy management of the IROC program. Signore oversees the technical standardization and vehicle preparation required to maintain the integrity of this unique racing series. By managing the logistical complexities of high-level competition, the President, The International Race of Champions (Iroc) ensures that the organization's involvement in this series reflects its commitment to quality and performance. Signore coordinates with technical teams to uphold the rigorous standards expected in professional auto racing. Jay Signore drives the strategic initiatives that preserve the competitive spirit of the IROC program while integrating it into the broader organizational framework. This leadership role involves overseeing the maintenance of specialized racing equipment and ensuring that all operational aspects align with the company's mission. Through the management of this specific program, the President, The International Race of Champions (Iroc) contributes to the organization's diverse portfolio of motorsports achievements.

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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 Simon Pagenaud (President).
    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), Simon Pagenaud (President) 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, President (Indy Car Program), President.