Steinbrenner IV hopes to emulate Penske

CHARLOTTE, N.C. -- Instead of trying to be "the next George Steinbrenner," George Steinbrenner IV is trying to be "the next Roger Penske."

He's part of baseball royalty, the grandson of late New York Yankees owner George Steinbrenner, and a slam-dunk applicant for a cushy job in one of the most storied franchises in all of sports. His path instead took a left turn to Indianapolis in pursuit of a career in racing.

"I love baseball, I love racing, and if I wasn't doing one I would be doing the other," Steinbrenner said in an interview with The Associated Press.

Steinbrenner IV, just 22 years old, is the youngest owner of an IndyCar team and on Sunday became the newest member of the winner's…