Penske Entertainment's acquisition of the Grand Prix of Long Beach aims to improve the IndyCar series and its flagship event through investment.
Penske Entertainment's has acquired the Grand Prix Association of Long Beach, representing a huge development for the future of the IndyCar series. The organization that manages the Acura Grand Prix of Long Beach has long been a cornerstone of American motorsport, hosting the longest-running major street circuit race in North America.As it approaches its 50th anniversary, Penske's involvement promises substantial investment, aimed at improving the event further.
Jim Michaelian, President & CEO of the Acura Grand Prix of Long Beach, is also enthusiastic.'As we prepare to celebrate a truly remarkable milestone, the 50th anniversary of this amazing event, it's fitting that we have such exciting and important news to share about its future.'This acquisition arrives at a time when Penske Entertainment is actively working to redefine its racing series.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Long Beach Grand Prix acquired by Penske EntertainmentNew Long Beach Grand Prix owner Roger Penske said he is proud to have acquired it, calling it 'the most historic and prestigious street circuit race in North America,'
Read more »
Dallas Cowboys Owner Strikes Deal with IndyCar to Bring New Race to 2026 SeasonJerry Jones partners with IndyCar and Roger Penske to launch the IndyCar Arlington Grand Prix in 2026.
Read more »
Jeremy Bullins Leaving Team Penske, Wood Brothers RacingLong-time Team Penske crew chief Jeremy Bullins has left the organization with immediate effect, as he pursues other opportunities.
Read more »
NASCAR: Team Penske Announces Immediate Exit of Key Long-Term MemberJeremy Bullins has left Team Penske, ending his long-term role as a crew chief.
Read more »
Team Penske, Shell, Joey Logano Foundation Help Hurricane Helene RecoveryA new joint initiative involving the Joey Logano Foundation, Team Penske, and Shell USA is aimed at helping with the continuation of recovery efforts for those affected by Hurricane Helene.
Read more »
Roger Penske closes nearly perfect motorsports season with 3rd consecutive NASCAR championshipThere is no such a thing as a perfect season, according to Roger Penske, even after winning his third consecutive NASCAR Cup Series championship. Maybe not. But Team Penske sure came close.
Read more »