DJR Team Penske has paid tribute to influential co-owner Steve Brabeck who tragically succumbed to cancer after a 24-year long fight with the disease.

Brabeck a co-owner of the champion Supercars squad died on Sunday night.

The successful businessman became entrenched with Dick Johnson Racing first as a sponsor through his Crimsafe firm in 2009.

He provided much needed financial support during a difficult time for the outfit, effectively saving one of the most iconic teams in pit lane.

Brabeck then continued as a co-owner following the emergence of the alliance between Dick Johnson Racing and American giant Team Penske.

Three-time Bathurst 1000 winner and the team’s founder Dick Johnson said the loss is devastating of the team.

“Jill and I have known Steve for many years, and he became much more than a business partner, he became a true friend,” said Johnson.

“He shared some incredible moments on track with us over the years and we will remember those for a long, long time.

“Our thoughts are with his family, especially his two boys Matt and Ben. He will be missed, greatly.”

Roger Penske described Brabeck as a passionate racer in a statement distributed by the team.

“We first met Steve in 2013 when we started talking to Dick and the team about Supercars,” said Penske.

“He was a great guy, a successful businessman and really enjoyed going racing.

“He was there in the tough times for DJR and a terrific partner to us in DJR Team Penske.”

Driver Scott McLaughlin has offered his condolences.

“You brought so much light to a lot of people especially our squad,” tweeted McLaughlin.

“Glad I could be one of your drivers in 2017 and we will all race hard into the future for you! Very sad, Rest Easy Steve.”

Memorial service details

Public service:
Church of Christ,
Olsen Ave and Griffith Way,
Southport QLD 4215
Friday February 9 at 1300