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

Penske Entertainment's acquisition of the Grand Prix of Long Beach aims to improve the IndyCar series and its flagship event ...

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

Penske Entertainment acquires the Grand Prix of Long Beach, promising to invest and enhance the iconic race ahead of its 50th ...

New Long Beach Grand Prix owner Roger Penske said he is proud to have acquired it, calling it "the most historic and ...

Roger Penske has just added another notch in his auto racing belt. The billionaire purchased the Long Beach Grand Prix. The ...

Roger Penske, 87, keeps on the accelerator by acquiring the Long Beach street race to go with his IndyCar holdings.