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

The Mercedes-Benz Type 122 Indianapolis Racer, one of four examples built, will be offered through RM Sotheby’s on November 23.

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Roger Penske on Thursday added the most prestigious street race in North America to his portfolio with the purchase of the ...

Penske suggested that Allison test an INDYCAR SERIES car, and he was impressively quick during a trial run at Ontario (California) Motor Speedway, which had identical dimensions to Indianapolis Motor ...

Afterwards, many IndyCar racers and teams questioned why the event should be held if it wasn’t a points event. The format featured two heat races that determined the 12-car field for the final ...

This acquisition comes five years after Penske had purchased the Indianapolis Motor Speedway, the Indianapolis 500 race, and ...

He was tough, he was smart, and he knew what to do behind the wheel of a race car. “While Bobby earned four wins for us in NASCAR competition, he also raced Indy cars, including two Indianapolis 500s, ...

INDIANAPOLIS (WISH) — An Indy Eleven striker was selected to represent his country in an upcoming North American matchup. Romario Williams will play for the Jamaican National Team for two ...