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Inside the blockbuster IMS, IndyCar sale
Tony George turned to racing legend Roger Penske after deciding he was uneasy striking a deal with media giant Liberty Media, sources said.
Tony George turned to racing legend Roger Penske after deciding he was uneasy striking a deal with media giant Liberty Media, sources said.
Once the Hulman-George clan decided it was time to sell the family keepsake, could you think of anyone better? Anyone at all? Roger Penske has the magic name and the money and the expertise and credibility and the track record—both on and off the track.
Roger Penske—whose Penske Corp. is buying Hulman & Co. and its racing operations—said he’d also like to bring a third car manufacturer to IndyCar and maintain IMS’s relationship with NASCAR.
A deal that will make Penske Corp. the owner of Indianapolis Motor Speedway and the IndyCar Series received overwhelmingly positive reactions from motorsports insiders on Monday morning.
The late timing of the McLaren decision puts popular IndyCar driver James Hinchcliffe in a difficult position for finding a consistently competitive ride.
Ask Miles about his wide-ranging resume, and he compares it to Forrest Gump’s.
Drivers Scott Dixon and Will Power both said IndyCar’s new aeroscreen was fit for racing during the first extensive test session for the cockpit protection that will debut next season.
The 7th Circuit Court of Appeals on Wednesday ruled against Karma International LLC, which in 2016 hosted a Maxim men’s magazine-themed party for the 2016 IndyCar race that lost more than $420,000, according to the court.
The last time motorcycles competed at IMS was in August 2015, when the Red Bull Indianapolis Grand Prix ended an eight-year run at the track’s road course.
Advance sales for the race at Indianapolis Motor Speedway topped 50,000 tickets, but walk-up business was limited by a threat of rain on Sunday.
Kevin Harvick won his first Brickyard 400 since 2003, but Jimmie Johnson came up short in his quest to remain the only driver to make every NASCAR playoff since the format was adopted in 2004.
In recent years, the Brickyard 400 has seen dismal attendance, but track officials say better weather and more events should boost crowds at this year’s race.
Indianapolis Motor Speedway officials learned Wednesday morning the Red Bull Air Race it was slated to host Oct. 19-20 was canceled as part of a decision to disband the series altogether.
Alexander Rossi pocketed $759,159 for his second straight runner-up finish.
Simon Pagenaud’s win gave team owner Roger Penske his 18th victory in his 50th year at the track.
NBC mainstays Savannah Guthrie and Al Roker were joined by Tom Hanks at the Indianapolis Motor Speedway as part of a live broadcast honoring caregivers to U.S. military veterans.
The Indianapolis 500 took a two-year break during World War I—when the Indianapolis Motor Speedway and several related facilities were used for war efforts—and returned to action in 1919.
McLaren CEO Zak Brown acknowledged Monday the team was woefully unprepared to qualify a car for the Indianapolis 500, and small oversights snowballed into the final result.
Kyle Kaiser, 23, in a dramatic last-gasp bid by tiny Juncos Racing, knocked Fernando Alonso off the bubble and ruined the day for McLaren, which was trying to make a comeback to the Indy 500 for the first time since the 1970s.
Some racing team owners firmly on the side of tradition, believing that 33 drivers should qualify for the Indy 500 based on pure speed. Others say too much is at stake to eliminate those who are committed to the entire IndyCar season.