Roger Penske, the billionaire owner of a vast transportation empire, has purchased the Grand Prix of Long Beach. The ...

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

The next Grand Prix of Long Beach will be the 50th edition of the race weekend and is expected to include special events to ...

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.

There is no such a thing as a perfect season. At least that is what Roger Penske told The Associated Press hours after ...

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

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

Roger Penske and Penske Entertainment made big news Thursday morning, that it is the new owner of the Long Beach Grand Prix.