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

Roger Penske has added the most prestigious street race in North America to his portfolio with the purchase of the Grand Prix ...

Acura Meyer Shank Racing has confirmed that NTT IndyCar Series regulars Scott Dixon, Alex Palou and Felix Rosenqvist will ...

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.

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

NTT INDYCAR SERIES champions Alex Palou (photo, left) and Scott Dixon (photo, right) will drive for Michael Shank Racing in ...

Penske said it expected “to provide significant investment” in the experience for Long Beach fans, sponsors and hospitality ...

The last two races in the INDYCAR ButtKicker iRacing Pro Series are both on ovals, starting tonight at Milwaukee Mile (photo) ...

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

Forsythe then turned around and sold the entire package to Penske Entertainment, a deal that ensures the Southern California ...