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Roger Penske to be awarded Presidential Medal of Freedom
Fox News ^ | 6/20/2019 | Gary Gastelu

Posted on 06/20/2019 1:49:15 PM PDT by Larry Lucido

Roger Penske may want to get a room at the White House.

President Trump has announced plans to award the Presidential Medal of Freedom to Penske, who has already been feted at the White House twice this year as the owner of the 2019 Indy 500 and 2018 NASCAR championship teams.

The decoration honors civilians who have made "an especially meritorious contribution to the security or national interests of the United States, world peace, cultural or other significant public or private endeavors."

"He's very deserving. He's a great gentleman," Trump said at the White House on Thursday. "I've known him a long time, and a very brilliant guy."

(Excerpt) Read more at foxnews.com ...


TOPICS: Chit/Chat
KEYWORDS: mof; penske
He is Penske material.
1 posted on 06/20/2019 1:49:15 PM PDT by Larry Lucido
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To: MotleyGirl70; Cagey; Mr. Brightside; earlJam; Rb ver. 2.0; lesser_satan; Taffini; jdm; countess; ...

Penske ping?


2 posted on 06/20/2019 1:50:05 PM PDT by Larry Lucido
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To: Gamecock; SaveFerris; PROCON
Any relation?


3 posted on 06/20/2019 1:52:00 PM PDT by Larry Lucido
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To: Larry Lucido

Reflects the strong work performed by the entire Penske team.


4 posted on 06/20/2019 1:59:13 PM PDT by Gamecock (In church today, we so often find we meet only the same old world, not Christ and His Kingdom. AS)
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To: Larry Lucido

“Why you haven’t done anything to the folder. ...

Well I am in the smaller office....”


5 posted on 06/20/2019 2:01:30 PM PDT by redshawk (0pansy is a Liar and Hates.........he just hates!)
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To: Gamecock

Are they still under indictment?


6 posted on 06/20/2019 2:04:20 PM PDT by Larry Lucido
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To: Larry Lucido

Did he do a burn out on the front lawn?


7 posted on 06/20/2019 2:06:35 PM PDT by McGruff
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To: Larry Lucido

Great. He deserves some recognition.


8 posted on 06/20/2019 2:07:10 PM PDT by Innovative
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To: Larry Lucido; Chode; nascarnation; SgtBob; McGruff; umgud; al baby; The_Sword_of_Groo; ...

I’ll do a NUTSCAR PING LIST for You.
Thank You for Posting this.

Over here, The Captain bags another Award...


9 posted on 06/21/2019 9:29:02 AM PDT by mabarker1 (Congress- the opposite of PROGRESS!!!)
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To: Larry Lucido

Do You mean Helio Castroneves ?

https://en.m.wikipedia.org/wiki/H%C3%A9lio_Castroneves

On 2 October 2008, Castroneves was charged with conspiracy and six counts of tax evasion by a grand jury for purportedly failing to report to the IRS about $5.5 million in income between 1999 and 2004, according to court documents. Each count carried a maximum five-year prison sentence. His business manager and sister Kati, and his lawyer Alan Miller were charged with assisting Castroneves in the supposed scheme. All three defendants surrendered to authorities in Florida on Friday, 3 October 2008. Castroneves pleaded not guilty to these charges on 3 October, and was ordered released on $10 million bail.[13][14] Castroneves was replaced by Will Power during the duration of his tax evasion court case.[15] The IRS claimed that Castroneves owed $2.3 million in taxes.[16] A guilty verdict would have likely ended Castroneves’ racing career.

This issue was related to the initial contract signed by Castroneves with Penske Racing in the fall of 1999. Greg Moore had already signed on to join Penske Racing for 2000, but was killed during the Marlboro 500 at California Speedway on 31 October 1999. During the trial, it was revealed that Castroneves’ first contract with Penske (2000–2004) was signed with Moore’s existing contract – with Moore’s name simply scratched out and Castroneves’ name handwritten in ink. The deal was signed by Moore’s agent, Alan Miller, who signed Castroneves’ deal just days after Moore’s funeral as pressure from Penske sponsors forced a quick resolution to filling the vacated seat.

Central to the case was the ownership of a Panamanian company called Seven Promotions. Prosecutors called it a shell corporation set up primarily so Castroneves could dodge U.S. income taxes. Hélio Castroneves Sr., Hélio’s father, however, testified that he created Seven to boost his son’s image in Brazil. Furthermore, Hélio Sr. said his son never owned it. Prosecutors called that a lie, showing jurors numerous documents in which Castroneves claimed Seven as his own. If it was, an IRS agent testified that Castroneves owed U.S. taxes on the full $5 million from Penske even though he had never actually received the money. Instead, the Penske payments were eventually invested in a deferred compensation deal with the Dutch firm Fintage Licensing B.V. Castroneves’ attorney Roy Black told jurors in closing arguments that such deals are common – and perfectly legal – for athletes who have relatively short careers and face injury or worse at any moment.[17]

The trial ended on 10 April 2009, with closing arguments and the jury deliberated until 17 April, when it acquitted Castroneves of all six counts of tax evasion but hung on a count of conspiracy. About a month later on 22 May, prosecutors dropped the remaining conspiracy charge.[18]


10 posted on 06/21/2019 9:42:01 AM PDT by mabarker1 (Congress- the opposite of PROGRESS!!!)
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To: mabarker1; Gamecock; SaveFerris; PROCON

I wasn’t aware . . . that there was a real-life indictment involving a Penske associate. Our inside joke involves the Seinfeld character, Arthur Penske (or maybe Pensky) who is interested in hiring George away from Sanalac to work directly for him because he did such a good job organizing the Penske file, but he told George “You are aware...” and then got called away. Well, “you are aware” was that the entire board was under indictment and was prohibited from conducting business. Well, George quit Sanalac prematurely and showed up for his new job, unaware....


11 posted on 06/21/2019 9:59:48 AM PDT by Larry Lucido
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To: redshawk

Not sure if you got pinged. Are you Penske material?


12 posted on 06/21/2019 10:01:26 AM PDT by Larry Lucido
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To: redshawk

Ah, yes. You showed up in #5.


13 posted on 06/21/2019 10:01:53 AM PDT by Larry Lucido
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To: mabarker1; Larry Lucido

Yeah, I was not aware either.
I thought it was a Seinfeld thing too.
My apologies to all.


14 posted on 06/21/2019 10:12:58 AM PDT by redshawk (0pansy is a Liar and Hates.........he just hates!)
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To: redshawk; mabarker1

You’re fine. It was both.


15 posted on 06/21/2019 10:15:43 AM PDT by Larry Lucido
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To: mabarker1

Kewl!


16 posted on 06/21/2019 11:01:52 AM PDT by umgud
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To: Larry Lucido

Reparations!
I call reparations.

Its the Moors.
Moops.

Quick, the bubble boy. ...lol.


17 posted on 06/21/2019 11:18:22 AM PDT by redshawk (0pansy is a Liar and Hates.........he just hates!)
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To: Larry Lucido

Not sure if you got pinged. Are you Penske material?

You’re sooooo good looking. ...

Reparations Jerry.
Reparations!


18 posted on 06/21/2019 11:30:11 AM PDT by redshawk (0pansy is a Liar and Hates.........he just hates!)
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To: Larry Lucido

YES!


19 posted on 06/21/2019 2:04:30 PM PDT by Captain Jack Aubrey (There's not a moment to lose.)
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To: Larry Lucido

In Roman times, he would have been deified by now.


20 posted on 06/21/2019 2:06:33 PM PDT by Captain Jack Aubrey (There's not a moment to lose.)
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