Penske purchase of Long Beach Grand Prix marks ‘new era’ of investment, longtime race president says
Billionaire Roger Penske’s Penske Entertainment announced earlier this morning it had purchased the race series from longtime owner auto racing magnate Gerald R. Forsythe.
Penske Entertainment acquires Grand Prix of Long Beach IndyCar race
Penske Entertainment has acquired the Grand Prix of Long Beach from Gerald R. Forsythe, the organization announced Thursday. It is the longest-running major street circuit race in North America, according to IndyCar,
Grand Prix of Long Beach sold ahead of iconic race’s 50th edition
The Grand Prix of Long Long Beach, the longest-running major street circuit race in North America, will have a new owner heading into the 50th edition of the event next year. Penske Entertainment announced its purchase of Grand Prix Association of Long Beach,
Grand Prix of LB Acquired by Penske
The operator of the Grand Prix of Long, one of the premier events in the NTT IndyCar Racing Series, has new leadership with Penske Entertainment acquiring it from Gerald R. Forsythe, the longtime owner of the racing event,
Penske Entertainment's Newest Acquisition Promises Big Things for IndyCar's Future
Penske Entertainment's acquisition of the Grand Prix of Long Beach aims to improve the IndyCar series and its flagship event through investment.
Roger Penske buys Long Beach race, holds off F1, NASCAR interest
Roger Penske added the most prestigious street race in North America to his portfolio with the purchase of the Grand Prix of Long Beach.
Penske Entertainment Acquires Grand Prix of Long Beach
The operator of the Grand Prix of Long, one of the premier events in the NTT IndyCar Racing Series, has new leadership with Penske Entertainment acquiring it from Gerald R. Forsythe, the longtime owner of the racing event,
Roger Penske and Penske Entertainment acquire Long Beach Grand Prix
Roger Penske and Penske Entertainment made big news Thursday morning, that it is the new owner of the Long Beach Grand Prix. This comes five years after another surprise announcement, that Penske had purchased the Indianapolis Motor Speedway,
Roger Penske adds Long Beach Grand Prix to his motorsports empire
Roger Penske, the legendary driver, team owner and now race-track executive, has bought the Long Beach Grand Prix, adding the race to a stable of open-wheel events that already includes the Indy 500.
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Penske Entertainment Acquires GP Association of Long Beach
Penske Entertainment announced today the newest member of its growing event portfolio, confirming the acquisition of the ...
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Champ Car gets back on track
A year ago, we didn't know if there was going to be a Champ Car World Series, as IRL founder Tony George battled Kevin Kalkhoven and Gerald Forsythe in court for the ownership of the series.