Age, Biography and Wiki

Michael Kranefuss was born on 3 July, 1938, is an American businessman. Discover Michael Kranefuss's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 85 years old?

Popular As N/A
Occupation N/A
Age 85 years old
Zodiac Sign Cancer
Born 3 July 1938
Birthday 3 July
Birthplace N/A
Nationality

We recommend you to check the complete list of Famous People born on 3 July. He is a member of famous businessman with the age 85 years old group.

Michael Kranefuss Height, Weight & Measurements

At 85 years old, Michael Kranefuss height not available right now. We will update Michael Kranefuss's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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Wife Not Available
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Children Not Available

Michael Kranefuss Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Michael Kranefuss worth at the age of 85 years old? Michael Kranefuss’s income source is mostly from being a successful businessman. He is from . We have estimated Michael Kranefuss's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

1924

He missed two races recuperating from his injury and finished 24th in points.

1938

Michael "Mike" Kranefuss (born July 3, 1938) is a German-born American former head of Ford Motor Company's International Motorsports division for 12 years.

After leaving Ford, he became a NASCAR team owner.

The car started and finished 38th after Gordon crashed on lap 70.

1950

Andretti won the pole at the Mountain Dew Southern 500 and finished 18th in the points.

1968

Kranefuss began working for Ford in 1968 as an assistant for Ford's German Competition Department.

1972

He became Ford's German manager 1972 when he developed on the Ford Capri.

1976

The Capri won two European Touring Car Championships and he became Ford's European head in 1976.

1979

Ford joined the World Rally Championship and won the 1979 championship with a Ford Escort.

When he started, he resurrected Ford racing from a single IMSA sports car.

1980

Kranefuss led Ford Motor Company's worldwide racing efforts from 1980 to 1993 as their Director of Special Vehicle Operations.

At that time, Ford was the only manufacturer to be involved in World Rally Cars, NASCAR, Formula One, and Champ Car.

1994

Kranefuss-Haas Racing debuted in 1994 at Michigan International Speedway with driver Robby Gordon, finishing 38th; Geoff Brabham drove for the team in the inaugural Brickyard 400 that year as well.

The team debuted in 1994 at Michigan as the #07 Ford driven by Robby Gordon.

1995

Kranefuss's original full-time NASCAR driver was John Andretti, who drove the #37 Ford for the team in 1995 and most of 1996.

After another start with Geoff Brabham at the Brickyard 400, the team went full-time in 1995 with John Andretti, a second-year driver.

The car became #37 and was sponsored by Kmart and Little Caesars.

1996

In late 1996 Kranefuss's team and Cale Yarborough's team essentially swapped drivers as Jeremy Mayfield took over driving the #37 and Andretti started driving for Yarborough's #98 team.

The team struggled in 1996.

Before the season ended, Kranefuss decided change was needed, and replaced Andretti with the relatively unknown Jeremy Mayfield.

1997

The team improved to be 13th in the points in 1997, but it was obvious the team would not succeed if it only fielded one team.

1998

For 1998, Kranefuss merged his team with Penske Racing and the team changed their car number to #12 to more closely match Penske's flagship #2 car.

In 1998, Kranefuss announced his team would merge with Penske Racing, and would also change to the #12 with Mobil Oil sponsoring the car.

The move turned out to be a success, and Mayfield became the next big star.

He won the pole at Texas, and at one point in the season, found himself in the points lead.

At the Pocono 500 in June, he won his first Winston Cup series race.

Mayfield's breakout year in Winston Cup ended with a 7th-place finish in the points.

1999

Mayfield struggled in 1999, as he did not win and dropped 4 spots in the points.

2000

In 2000, he won the Pocono 500 and California 500.

Midway through the season, Kranefuss sold his share of the team to Penske.

Mayfield then suffered a concussion while practicing for the Brickyard 400.

Following 2000, Kranefuss was no longer associated with the Penske No. 12; he fielded a No. 84 Ford for Shawna Robinson in 2001, but only qualified for one of four events attempted, at Michigan.

2001

Late in the 2001 season, Jeremy Mayfield was fired with eight rounds remaining in the year.

Mike Wallace, Rusty's younger brother, was brought in to finish the season in the #12 car.

2002

At the end of the year, Penske bought out Kranefuss's interest in the #12 team and put Ryan Newman in the #12 car full-time for 2002.

As an owner, Kranefuss won three victories – all under the Penske-Kranefuss banner and with Mayfield driving.

The first No. 12 team for Penske was not always owned by the team.

Originally the car was owned by Kranefuss.

Later, Kranefuss founded Falcon Cars with Ken Anderson in 2002, with the plan of entering a chassis into the IndyCar Series in 2003.

However, the car never ran and the company quickly folded.