Penn Electric Racing Annual Revenue, Competitors, Number of Employees and Funding

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Industry Ranking

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Estimated Revenue & Financials

  • Penn Electric Racing's estimated annual revenue is currently $16.5M per year.
  • Penn Electric Racing's estimated revenue per employee is $330,000

Employee Data

  • Penn Electric Racing has 50 Employees.
  • Penn Electric Racing grew their employee count by 39% last year.
  • Penn Electric Racing currently has 1 job openings.

Penn Electric Racing (PER) is the University of Pennsylvania's Formula SAE Electric Team. We built America's fastest student-designed racecar with a 0-60 time of 2.6 seconds that's acceleration faster than freefall. PER has enjoyed a legacy of success: in the past three years, we placed 1st overall two times at America's premier student racecar competition, FSAE Lincoln, and won over 20 trophies in total. Our earliest racecar, REV1, was the first functional EV at Lincoln ever. A year later, REV2 broke the American acceleration record for both the gas and electric division. In 2017, REV3 scored the fastest 0-75 meter time in all of North America. With REV4, we decided to start over and attempt to build a 4-Wheel-Drive vehicle. In fact, we are the first FSAE student team to design a fully custom in-wheel powertrain, from motor housing to controller logic. We didnt stop there - REV4 was also developed with a fully verified aerodynamics package, battery management system, and more. It is by far our most ambitious vehicle yet. PER brings the next generation of engineers and leaders together. Our all-student club of over 60 students represents the best our campus has to offer, from Penn Engineering to Wharton. Our passion stems from a commitment to detail and pursuit of calculated perfection. Join us as we push the boundaries of what electric vehicles can do.



Number of Employees


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NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
Murphy Ford Com...
Apple Automotiv...
PGW Auto Glass
Autosoft, Inc.
Bobby Rahal Aut...
Vinart Dealersh...
Stuckey Automot...
Diehl Automotiv...
Ray Price Cars
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Penn Electric Racing News

09/03/2019 - DeSean Jackson makes a triumphant return to the ...

His mind had been racing during meetings and before bed Saturday, ... He was one of the most prolific and electric players in the franchise's ...

09/08/2019 - Lehigh Valley Sports Scene: ESU calling for tumblers, weekly college awards, and upcoming appearances by pro

... health issues at Penn Foundation's Autumn Event fundraiser at 7:30 p.m. on ... category of the recent Electric City Classic pro bike race in Scranton. ... The two days of racing -- the first in the city since 1980 -- started with a ...

09/03/2019 - Five Penn Athletics events to look forward to this school year

There are plenty of big moments in Penn Athletics history, from the ... For three days in late April, Franklin Field becomes electric with the ... are always a highlight, with Olympians often racing for their countries for all to see.