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

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

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

Roger Penske, the legendary driver, team owner and now race-track executive, has bought the Long Beach Grand Prix, adding the ...

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

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

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

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

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 ...

Trump Taps Matt Gaetz for Attorney General, a Provocative Move President-elect Trump plans to nominate the Florida congressman, among a flurry of personnel announcements as Republicans neared ...

Former Democratic congresswoman Tulsi Gabbard has been appointed as the director of national intelligence by US President-elect Donald Trump. Gabbard, who switched to the Republican Party, is a ...