The Sports Business Journal (SBJ) announced that Team Penske has been named a finalist in the Sports Team of the Year category for the eighth annual Sports Business Awards. Team Penske is the only motorsports program to be nominated this year for the prestigious award. Other Team of the Year finalists include: the Charlotte Hornets (NBA), the Los Angeles Galaxy (MLS), the Los Angeles Kings (NHL), the Seattle Seahawks (NFL) and the St. Louis Cardinals (MLB). The winner will be announced on May 20, 2015 at the awards ceremony to be held at the New York Marriott Marquis at Times Square. Launched in 2008, the Sports Business Awards were established by the Sports Business Journal and Sports Business Daily to celebrate and recognize the leaders, visionaries and day-to-day practitioners who personify excellence in the business of sports. The 2015 nominees and winners are recognized for excellence and outstanding achievement in sports business for the period spanning March 1, 2014 through February 28, 2015. The 2014 season was a landmark year for Team Penske, as it included unprecedented championships in both the Verizon IndyCar Series with Will Power – the 13th open-wheel title for Team Penske – and the NASCAR XFINITY Series, where the #22 team took home it’s second-straight owners’ title. In addition, both Brad Keselowski and Joey Logano finished inside the top five in the NASCAR Sprint Cup Series championship standings, with Logano in contention for the title heading into the final race of the season. Across INDYCAR and NASCAR, all six of Team Penske’s full-time drivers and cars finished in the top five in series points with 22 wins equating to a winning percentage of 25 percent of the total races run.(Team Penske)(3-17-2015)
