Roger Penske on Thursday added the most prestigious street race in North America to his portfolio with the purchase of the Grand Prix of Long Beach. He bought the race from Gerry Forsythe, who owned half the event with the late Kevin Kalkhoven. Forsythe bought Kalkhoven’s shares earlier this year amid reports both Formula 1 and NASCAR were interested in North America’s longest-running street race. Forsythe then turned around and sold the entire …

KOB 4

Albuquerque

Bernalillo County

New Mexico

United States

Roger Penske adds Long Beach street race to portfolio as he holds off F1 and NASCAR interest

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

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abc News

The Walt Disney Company

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

ESPN

Hearst Communications

Penske buys Long Beach race, curbs F1, NASCAR

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

Financial Post

Leon Cooperman

Allianz

Canada

Roger Penske on Thursday added the most prestigious street race in North America to his portfolio with the purchase of the Grand Prix of Long Beach. He bought the race from Gerry Forsythe, who owned half the event with the late Kevin Kalkhoven.

Flin Flon Reminder

Flin Flon

Manitoba

Hubbard Broadcasting

The Grand Prix of Long Long Beach, the longest-running major street circuit race in North America, will have a new owner heading into the 50th edition of the event next year. Penske Entertainment announced its purchase of Grand Prix Association of Long Beach, LLC, from longtime owner Gerald R. Forsythe Thursday.  “We’re incredibly proud to be the new stewards of this cherished and iconic event,” said Roger Penske. “This is the most historic and …

KTLA 5

Nexstar Media Group

Tribune Media

Los Angeles

Los Angeles County

California

Grand Prix of Long Beach sold ahead of iconic race’s 50th edition

This year marks the 50th running of the Grand Prix of Long Beach and it will return to network television with FOX set to broadcast the event April 13.

9NEWS Denver

Tegna Inc.

Tegna Inc

Denver

Denver County

Colorado

Roger Penske on Thursday added the most prestigious street race in North America to his portfolio with the purchase of the Grand Prix of Long Beach. He bought the race from Gerry Forsythe, who owned half the event with the late Kevin Kalkhoven. Forsythe bought Kalkhoven's shares earlier this year amid reports both Formula 1 and NASCAR were interested in North America's longest-running street race. Forsythe then turned around and sold the entire …

Morning Sun

Pittsburg Publishing LLC

Pittsburg

Crawford County

Kansas

Roger Penske adds Long Beach street race to portfolio as he holds off F1 and NASCAR interest - The Morning Sun

Roger Penske adds Long Beach street race to portfolio as he holds off F1 and NASCAR interest

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