The Roger Penske owned and operated Penske Corportion officially completed their purchase of the Indianapolis Motor Speedway, the NTT IndyCar Series and IMS Productions from Hulman and Company on Monday.
Speaking about the historic day, Roger ‘The Captain’ Penske who is the most successful team owner at the Indianapolis 500 with 18 victories most recently in 2019 with Simon Pagenaud.
Speaking following the announcement Roger Penske said:
We are looking forward to carrying on the tradition of the Indianapolis Motor Speedway and IndyCar racing. “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. Now, it is time to get to work as we continue the growth of the Speedway and we build on the momentum of the NTT IndyCar Series.”