Latest Roger Penske News

Roger Penske adds Long Beach street race to portfolio as he holds off F1 and NASCAR interest

Nov. 14, 2024 10:19 AM EST

Roger Penske on Thursday added the most prestigious street race in North America to his portfolio with the purchase of the Grand Prix of Long Beach. He bought the race from Gerry Forsythe, who owned half the event with the late Kevin Kalkhoven. Forsythe bought Kalkhoven's shares...

IndyCar partners with Dallas Cowboys and Texas Rangers for 2026 street race in Arlington

Oct. 07, 2024 14:12 PM EDT

IndyCar will return to Texas in 2026 with a street race in Arlington in a joint venture between the Dallas Cowboys and the official events partner of the Texas Rangers. The IndyCar Arlington Grand Prix will be held in March 2026 on a 2.73-mile circuit that will feature AT&T...

Michael Andretti tells AP 'timing was right' for a restructuring of Andretti Global

Sep. 29, 2024 15:57 PM EDT

Motorsports icon Michael Andretti told The Associated Press on Sunday he's at a point in his life where he no longer wants to run the day-to-day of his global operation and that’s why he turned over leadership to his business partner. No, Dan Towriss did not steal Andretti Global...

Michael Andretti hands over control of race team to business partner. Formula 1 plans in limbo

Sep. 27, 2024 16:19 PM EDT

Michael Andretti has restructured Andretti Global to give co-owner Dan Towriss control of the organization while Andretti will stay on as a strategic advisor of the team he has led since 2002. Andretti in early 2023 confirmed he'd sold part of the company to Towriss, owner of...

Firestone remains Indycar's tire supplier under Bridgestone and Penske deal

Sep. 12, 2024 19:48 PM EDT

NASHVILLE, Tenn. (AP) — Firestone will continue as the only tire supplier for all IndyCar racing under a long-term extension between Bridgestone America and Penske Entertainment. The length of the deal announced Thursday was not detailed. But the agreement will keep Firestone as...