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Tim Cindric, a 1990 Rose-Hulman Institute of Technology
graduate, has been promoted to the overall management responsibility for
the various Penske Performance, Inc. entities, according to an
announcement by Roger S. Penske.
Cindric will be headquartered in Mooresville, N.C., and
has responsibility for Penske Performance operations that include teams
competing in the NASCAR NEXTEL Cup Series, IndyCar Series and American
LeMans Series. It was recently decided that Penske Performance would
consolidate its racing teams to its state-of-the-art facility in
Mooresville.
"We are pleased that Tim has agreed to lead our racing
operations," said Roger S. Penske. "In today's competitive environment,
it is critically important to have a long-term leadership plan in place.
Tim's management experience and technical expertise are ideally suited
to meet the challenges ahead."
Cindric, a 37-year-old Indianapolis native, has been
President of Penske Racing, Inc. since 1999 with management
responsibility of Marlboro Team Penske, Penske Cars, Ltd., Racing
Experience, Inc., Penske Technology Group, and Penske Motorsports, Inc.
Under his leadership, Marlboro Team Penske has scored two National
Championships and 25 victories, including three consecutive Indianapolis
500-mile race wins (2001-2003).
Cindric received a bachelor of science degree from
Rose-Hulman. In 2001, he was inductec into the Rose-Hulman Athletic Hall
of Fame for his outstanding contributions as a four-year letterman on
the college's basketball team.
Penske Racing is one of the most successful teams in the
history of professional sports. Competing in a variety of disciplines,
cars owned and prepared by Penske Racing have 262 major race wins, 295
pole positions and 18 National Championships. |
