MotorMouth
Penske Corporation, a global transportation, automotive and motorsports leader, announced today that it has completed its acquisition of the Indianapolis Motor Speedway (IMS), the NTT IndyCar Series and IMS Productions.
Roger Penske: “We have been diligently working with the teams at IMS, INDYCAR and IMS Productions over the last two months to ensure a smooth and productive transition and we are ready to hit the ground running.”
Penske joins Carl Fisher, who built the track in 1909, Eddie Rickenbacker, who purchased IMS in 1927, and Tony Hulman and Hulman & Company, which has owned and managed the Speedway since 1945.
