Roger Penske now owns two of the biggest races on Earth — the Indianapolis 500 and the Acura Grand Prix of Long Beach, which Penske acquired on Thursday, November 14, '24

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Roger Penske And Penske Entertainment Purchase Long Beach Grand Prix

Roger Penske, the legendary driver, team owner and now race-track executive, has bought the Long Beach Grand Prix, adding the race to a stable of open-wheel events that already includes the Indy 500.

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Roger Penske adds Long Beach Grand Prix to his motorsports empire

Penske Entertainment has announced the purchase of the Grand Prix Association of Long Beach — acquired from longtime owner Gerald R. Forsythe. The historic Grand Prix of Long Beach, the longest running street race based in Southern California, now joins the likes of the IndyCar Series, Indianapolis Motor Speedway and Detroit Grand Prix as part of the portfolio of brands under Penske ...Keep reading

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Penske Entertainment buys Grand Prix of Long Beach

Forbes family (publishers)

Penske Entertainment has announced the purchase of the Grand Prix Association of Long Beach — acquired from longtime owner Gerald R. Forsythe. The historic Grand Prix of Long Beach, the longest-running street race based in Southern California, now joins the likes of the IndyCar Series, Indianapolis Motor Speedway and Detroit Grand Prix as part of the portfolio of brands under Penske ...Keep reading

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Roger Penske has just added another notch in his auto racing belt. The billionaire purchased the Long Beach Grand Prix. The purchase also makes the Grand Prix an important part of another racing series Penske owns, Indycar.Read more...

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Roger Penske Solidifies IndyCar's Prescence In Southern California By Purchasing The Long Beach Grand Prix

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

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Alden Global Capital

Roger Penske adds Grand Prix of Long Beach to his Southern California motorsports legacy

The operator of the Grand Prix of Long, one of the premier events in the NTT IndyCar Racing Series, has new leadership with Penske Entertainment acquiring it from Gerald R. Forsythe, the longtime owner of the racing event, it was announced Thursday. Penske Entertainment purchased the Grand Prix Association of Long Beach, LLC, from Forsythe, and includes the administration of the Acura Grand Prix of Long Beach, the longest-running street circuit …

MyNewsLA.com

Penske Entertainment Acquires Grand Prix of Long Beach

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 from Gerald R. Forsythe. Penske Entertainment bought the race from 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. 
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Roger Penske Adds Long Beach IndyCar Race to Portfolio

In a press release Thursday morning, Penske Entertainment announced that it has acquired the Grand Prix Association of Long Beach, which is the organizing body of the Grand Prix of Long Beach and all events associated with it.

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Penske Purchases Grand Prix Of Long Beach, Keeping It In Control Of In

In a landmark move, Penske Entertainment has acquired the Grand Prix Association of Long Beach, bringing one of North America’s most historic street races directly under its wing. The purchase, announced Thursday, places the Grand Prix of Long Beach IndyCar and IMSA street race into Roger Penske’s ever-expanding portfolio, with the timing perfect for the event’s 50th running this spring. Roger Penske expressed his enthusiasm, stating, “We’re inc…

Roger Penske And Penske Entertainment Purchase Long Beach Grand Prix

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