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Tim Cindric Net Worth: The Business Mind Behind Penske Racing

Tim Cindric Net Worth: The Business Mind Behind Penske Racing


Tim Cindric is a renowned American businessman, entrepreneur, and former race car driver. He is best known for his association with Team Penske, a leading motorsports team in the United States. Over the years, Tim has made significant contributions to the team’s success, both on and off the racetrack. This article focuses on Tim Cindric’s net worth and sheds light on his personal and professional life.

Biography Details:

The following table provides a quick overview of Tim Cindric’s personal and professional life:

Name Tim Cindric
Age 52 years (as of 2021)
Birthdate August 1, 1968
Birthplace Indianapolis, Indiana, United States
Nationality American
Occupation Businessman, Entrepreneur
Net Worth $15 million
Spouse Megan Cindric
Children 3
Education Rose-Hulman Institute of Technology

Early Life:

Tim Cindric was born on August 1, 1968, in Indianapolis, Indiana. From a young age, Tim had a keen interest in motorsports and dreamt of becoming a race car driver. He graduated from the Rose-Hulman Institute of Technology in Terre Haute, Indiana, with a degree in mechanical engineering.


After completing his studies, Tim Cindric began his career as a race car driver and competed in various motorsports events. He won several accolades and championships, including the 1994 IMSA GT Championship. In 1999, Tim retired from racing and shifted his focus to the business side of motorsports. He joined Team Penske in 1999 as the team manager and played a key role in the team’s success. In 2015, he was promoted to the position of president of Team Penske and continues to serve in this role.

Tim Cindric Career

Controversies/Reason for Fame:

Tim Cindric is widely recognized for his contributions to the success of Team Penske. Under his leadership, the team has won numerous championships and accolades. In addition, he is also known for his innovative business strategies and his ability to manage a team of highly skilled professionals. However, he has not been involved in any major controversies throughout his career.


Q. What is Tim Cindric’s net worth?

A. As of 2021, Tim Cindric’s net worth is estimated to be around $15 million.

Q. Who is Tim Cindric’s spouse?

A. Tim Cindric is married to Megan Cindric. The couple has three children.

Q. What is Tim Cindric’s educational background?

A. Tim Cindric has a degree in mechanical engineering from the Rose-Hulman Institute of Technology in Terre Haute, Indiana.


Tim Cindric is a successful businessman and entrepreneur who has made significant contributions to the world of motorsports. His leadership and management skills have helped Team Penske achieve great success over the years. Tim’s net worth is a testament to his hard work and dedication towards his career. He continues to be a driving force in the world of motorsports and is an inspiration to many young professionals.