Long Beach forever changed one September morning in 1975, when the first-ever Grand Prix — organized by founder Chris Pook — overtook the city’s streets, and set off a chain of events that would cement the town as a hub for international motorsports.

In a press release Thursday morning, Penske Entertainment announced that it has acquired the Grand Prix Association of Long Beach, which is the organizing body of the Grand Prix of Long Beach and all events associated with it.

New 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,"

Roger Penske, the renowned racing mogul, has expanded his motorsport empire with the acquisition of the Grand Prix of Long Beach, North America's most prestigious street race.

2024 will mark the 50th edition of the race weekend and is expected to include special events to mark the anniversary.

Penske Entertainment acquires the Grand Prix of Long Beach, promising to invest and enhance the iconic race ahead of its 50th edition.

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,

Penske Entertainment has purchased the Long Beach Grand Prix. The acquisition adds the popular Southern California street race founded by Chris Pook and Dan Gurney in 1975 to a portfolio that

Penske Entertainment announced today the newest member of its growing event portfolio, confirming the acquisition of the, LLC, from longtime owner Gerald R. Forsythe. The association administers the Acura Grand Prix of Long Beach,

Roger Penske added the most prestigious street race in North America to his portfolio with the purchase of the Grand Prix of Long Beach.