She received numerous racing awards, and, along with Martha F. Gerry, and Allaire du Pont, became one of the first women admitted to The Jockey Club in 1983. She also served as the President of the Thoroughbred Owners and Breeders Association from 1976 to 1984. She received the Eclipse Award of Merit in 2006, and The Arlington Park Penny Chenery Distinguished Woman in Racing Award was established in her honor. In 2010, a film version of her story called, “Secretariat”, was released.