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Roger Penske buys Indianapolis Motor Speedway, IndyCar Series
ESPN
| 11/4/2019
| AP
Posted on 11/04/2019 8:16:49 AM PST by God luvs America
ndianapolis Motor Speedway and the IndyCar Series were sold to Penske Entertainment Corp. in a stunning move Monday that relinquishes control of the iconic speedway from the Hulman family after 74 years.
Tony Hulman bought the dilapidated speedway in 1945 and brought racing back to the corner of 16th St. and Georgetown Ave. after a four-year absence following World War II. Roger Penske will become just the fourth owner of the 110-year-old speedway.
The speedway spun off multiple subsidiaries, including the IndyCar Series and Indianapolis Motor Speedway Productions, which are also part of the deal to Penske Entertainment. That group is a subsidiary of Penske Corp., which is owned by billionaire Roger Penske.
"Great day for our family and our team," Penske said in a text message to The Associated Press.
TOPICS: Culture/Society; News/Current Events
KEYWORDS: indycar; nascar; penske; wow
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Huge racing news, especially for open wheel/Indy car fans
To: God luvs America
2
posted on
11/04/2019 8:17:17 AM PST
by
God luvs America
(63.5 million pay no income tax and vote for DemoKrats...)
To: Chode; al_c; arbitrary.squid; arderkrag; atc23; BBB333; Bad~Rodeo; bajabaja; Betis70; biff; ...
3
posted on
11/04/2019 8:18:04 AM PST
by
God luvs America
(63.5 million pay no income tax and vote for DemoKrats...)
To: God luvs America
WOW!
Penske gets home-field advantage!
4
posted on
11/04/2019 8:20:16 AM PST
by
N. Theknow
(Kennedys-Can't drive, can't ski, can't fly, can't skipper a boat-But they know what's best for you.)
To: God luvs America
5
posted on
11/04/2019 8:20:59 AM PST
by
Carriage Hill
(A society grows great when old men plant trees, in whose shade they know they will never sit.)
To: God luvs America
6
posted on
11/04/2019 8:22:12 AM PST
by
Big Red Badger
(Despised by the Despicable!)
To: God luvs America
Certainly better news than some syndicate from Chicago buying it like Whataburger.
7
posted on
11/04/2019 8:22:34 AM PST
by
ImJustAnotherOkie
(All I know is The I read in the papers.)
To: God luvs America; Gamecock; SaveFerris; PROCON
George can get right to work on that! We're going to need an accordion file here!
To: God luvs America
9
posted on
11/04/2019 8:23:23 AM PST
by
Big Red Badger
(Despised by the Despicable!)
To: God luvs America
Penske will become just the fourth owner of the 110-year-old speedway.
I am just the third owner of my 105-year old house.
10
posted on
11/04/2019 8:23:34 AM PST
by
Buckeye McFrog
(Patrick Henry would have been an anti-vaxxer)
To: carriage_hill
I would spit on those
Bricks Religiously,,,
then I help Win
That Damn Race!
11
posted on
11/04/2019 8:25:09 AM PST
by
Big Red Badger
(Despised by the Despicable!)
To: God luvs America
As long as he doesn’t screw with any of the Traditions. There are certain things that have to happen before the race is run. People make me look forward to these Traditions every year.
12
posted on
11/04/2019 8:25:49 AM PST
by
hoagy62
(America Supreme!)
To: Big Red Badger
13
posted on
11/04/2019 8:27:31 AM PST
by
Big Red Badger
(Despised by the Despicable!)
To: God luvs America; Chode; nascarnation; SgtBob; McGruff; umgud; al baby; The_Sword_of_Groo; ...
Holy Penske PING Batman !!!!!
14
posted on
11/04/2019 8:29:41 AM PST
by
mabarker1
((Congress- the opposite of PROGRESS!!! A fraud, a hypocrite, a liar. I'm a member of Congress !!!!)
To: God luvs America
Do you think maybe Roger Penske might set a rule that only AMERICAN drives can enter the Indy 500 race? I, for one, am disappointed when I tune in to the race on Memorial weekend, only to see a bunch of foreigners running the race.
Sad.
To: Larry Lucido
“You’re not Penske material.”
16
posted on
11/04/2019 8:49:56 AM PST
by
redshawk
To: God luvs America
The Captain. The best possible steward for IMS and indycar.
17
posted on
11/04/2019 8:51:14 AM PST
by
clintonh8r
(Truth is hate speech to those who hate the truth.)
To: N. Theknow
RP pretty much owned Indy already. One big difference now is instead of taking Prize Money from The Hulman Family He’s going to be moving Money from His Track Owners Pocket to His Car Owners Pocket (if one of His Team’s Win the Races)
18
posted on
11/04/2019 8:57:33 AM PST
by
mabarker1
((Congress- the opposite of PROGRESS!!! A fraud, a hypocrite, a liar. I'm a member of Congress !!!!)
To: redshawk
We'll just see about that!
To: ImJustAnotherOkie
syndicate from Chicago buying it like Whataburger.WHAT !!! When did that happen ?
They better not screw up one of the Best Burgers on the Planet...
20
posted on
11/04/2019 9:06:22 AM PST
by
mabarker1
((Congress- the opposite of PROGRESS!!! A fraud, a hypocrite, a liar. I'm a member of Congress !!!!)
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