Roger Penske and Penske Entertainment made big news Thursday morning, that it is the new owner of the Long Beach Grand Prix.

Deal locks down the race on the IndyCar schedule, expected to add stability to an event that is celebrating its 50th ...

Penske Entertainment has acquired the Grand Prix of Long Beach from Gerald R. Forsythe, the organization announced Thursday.

“We’re incredibly proud to be the new stewards of this cherished and iconic event,” said Roger Penske. “This is the most ...

The owner of the IndyCar Series and Indianapolis Motor Speedway adds the iconic, historic street race to its portfolio.

Roger Penske, the legendary driver, team owner and now race-track executive, has bought the Long Beach Grand Prix, adding the ...