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

Long Beach's iconic street race has a new owner that’s deeply intertwined with the racing world — and IndyCar specifically.

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

The auto racing icon once owned Ontario Motor Speedway and was instrumental in developing California Speedway in Fontana.

Penske Entertainment announced today the newest member of its growing event portfolio, confirming the acquisition of the ...

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 ...

Roger Penske, the legendary driver, team owner and now race-track executive, has bought the Long Beach Grand Prix, adding the ...