Business Services Industry

Can Detroit shine like a show car?

Chief Executive, The, April, 2005 by Dale D. Buss

ROGER PENSKE HAS WON the checkered flag as a Grand Prix driver, forged the biggest dynasty in racing, and built a $14-billion automotive industrial, retail and entertainment empire, Penske Corp. Now, he faces a new challenge: making Detroit glisten like a show car under a glaring spotlight as it hosts Super Bowl XL at Ford Field next February 5.

[ILLUSTRATION OMITTED]

It'll be tough for Detroit, with the threat of frigid weather, the stigma of a disappointing Super Bowl in suburban Pontiac 23 years ago, and the fact that the city, which has lost more than half its population since the '50s, is flirting with receivership. But supporters believe they have an insuperable champion in the silver-haired 68 year old chairing the host committee.

Detroit was in line for the Super Bowl after the Ford family, owners of the Lions, promised to build a new stadium. Penske sealed the deal with the NFL at a game site-selection meeting in 2000. "There's a comfort level that he gives them from his own accomplishments in a competitive sport," says former mayor Dennis Archer.

Since then, Penske has been recruiting sponsors, honchoing infrastructure improvements and generally quarterbacking what's needed to pull off the event. He already has raised nearly all of the $14.3 million targeted by his committee, the fastest fund-raising pace in Super Bowl history. And he has brought to heel peevish local executives who were locking horns with current Mayor Kwame Kilpatrick. "We will be sure that the logistics work flawlessly." Penske says.

It's hard to doubt Penske's devotion. Take, for example, his genuine sweat equity when a January storm dumped a foot of snow on the Motown Winter Blast outdoor festival, which will be repeated during Super Bowl week. On opening morning, Penske grabbed a shovel and began clearing snow from entrances. The surprised host-committee members with him grabbed shovels, too. "He didn't say much," notes Susan Sherer, the group's executive director. "He leads by action."

COPYRIGHT 2005 Chief Executive Publishing
COPYRIGHT 2005 Gale Group

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here

Content provided in partnership with Thompson Gale