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 ...

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 ...

The billionaire purchased the grand prix for an undisclosed amount, beating out other interested buyers like NASCAR's France ...

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

Roger Penske has purchased the Grand Prix of Long Beach, the most prestigious street race in North America, from Gerry ...

Roger Penske and Penske Entertainment have purchased the Acura Grand Prix of Long Beach, giving Penske the largest single-day ...

Managers of Nilecraft Food Trailers say a luxury sports car ran into their lot and then the driver got away with someone else ...