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Penske races into Charlotte with latest dealership purchase 2014 photo of Roger Penske at a NASCAR event. Editorial credit: action sports / Shutterstock.com Friday, Jun. 04, 2021, 10:31 AM By Joe Overby CARY, N.C. -  The Charlotte, N.C., area is the heart of NASCAR and home to two of the nation’s largest dealership groups: Hendrick Automotive Group and Sonic Automotive, both of which have deep lineages in the sport through their respective founders, Rick Hendrick and Bruton Smith. And now another large dealership group whose founder has strong ties to auto racing is taking a spin in the Queen City. Penske Automotive Group, headquartered in Bloomfield Hills, Mich., and helmed by motorsports legend Roger Penske, said Friday it has expanded into the Charlotte market, buying Mercedes-Benz of South Charlotte, located in Pineville, N.C. This is its first store in the area.

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