Penske Motorsports Stock Certificate - features racetrack
Penske Motorsports Stock Certificate - features racetrack
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Are the certificates authentic?
Are the certificates authentic?
Yes, all of the certificates we sell are authentic stock and bond certificates unless otherwise mentioned in the description. At one point in time, this certificate represented a share of of the company, or a bond receipt. These certificates have been removed from circulation and digitalized, as seen by cancellation holes, stamps and writing on the certificate. We offer these certificates as a collectable item, not a security.
This is a beautiful stock certificate specimen from Penske Motorsports, Inc., issued in 1998. Printed by the Security-Columbian Banknote Company, it features an intricate border and an print of a racetrack scene, with a blimp soaring above—a fitting symbol of the excitement with professional motorsports.
The certificate bears the printed signatures of the company's President and Secretary, adding an authentic touch to this collectible piece. Penske Motorsports, Inc., a leader in motorsports promotion and marketing in the United States, owned and operated iconic facilities through its subsidiaries, including:
- Michigan Speedway in Brooklyn, Michigan
- Nazareth Speedway in Nazareth, Pennsylvania
- California Speedway in San Bernardino County, California
- North Carolina Speedway near Rockingham, North Carolina
Penske Motorsports also held a significant 45% stake in Homestead-Miami Speedway, LLC, near Miami, Florida, further expanding its reach in the world of racing. Beyond event promotion, PMI ventured into merchandise and motorsports memorabilia through its subsidiary, Motorsports International Corp., while another subsidiary, CompTire, distributed Goodyear racing tires in the Midwest and Southeast, supporting the sport at a grassroots level.
In 1999, Penske Motorsports, Inc. merged with International Speedway Corporation (ISC), solidifying ISC's position as America's premier provider of motorsports entertainment. This merger brought together 10 major motorsports venues, including a majority interest in Homestead-Miami Speedway, hosting over 100 motorsports events annually.
Materials and care
Materials and care
Here are some quick tips to preserve your certificate for decades to come.
Paper quality: Stock certificates were printed on a variety of certificate paper dating back to the mid 1800s. Most of these vintage collectable certificates have signs of used & wear , cancellation holes, pencil / pen writing, stamps, staples, adhesives, slight rips, missing coupons and other features.
Handling: Always handle the certificate with clean, dry hands or use cotton gloves to avoid transferring oils and dirt from your skin onto the paper.
Storage: Store the certificate in a cool, dry place away from direct sunlight, which can cause fading. Use acid-free folders or archival-quality plastic sleeves to protect it from moisture, dust, and physical damage.
Framing: If displaying the certificate, use a frame with UV-protective glass to prevent light damage. Ensure the certificate is mounted using acid-free materials to avoid any chemical reactions that could degrade the paper over time.
Avoid Exposure: Keep the certificate away from direct sun, extreme temperatures and humidity, which can cause the paper to warp or deteriorate. Avoid exposing it to pollutants, such as smoke or chemicals, which can cause discoloration.
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