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Penske buys the Indianapolis Motor Speedway & IndyCar series

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  • Originally posted by bumpstop View Post

    Are hdolan and ,,,,, the same person?
    No. Not even close.
    "I would really like to go to NASCAR. I really enjoy NASCAR and if I could be there in a couple of years that's where I'd want to be." - Jeff Gordon (after testing a Formula Super Vee)

    Comment


    • Some recent videos:


      Penske Acquires the Indianapolis Motor Speedway
      268 views
      Nov 4, 2019
      Speedway Community TV
      340 subscribers
      Roger Penske, Tony George, and Mark Miles announced today the sale of the Indianapolis Motor Speedway, IndyCar Series, and IMS Productions to Roger Penske and Penske Entertainment.


      University of Indianapolis professor Penske buying IMS
      618 views
      Nov 4, 2019
      RTV6 The Indy Channel
      70.4K subscribers
      Dr. Matt Will, associate Professor of Finance at the University of Indianapolis on Penske buying the Indianapolis Motor Speedway.


      Discussing the IMS acquisition with Roger Penske
      2 views
      Nov 5, 2019
      TOP MASTER
      29 subscribers
      Penske truck leasing
      Pilote automobile
      Discussing the IMS acquisition with Roger Penske


      Roger Penske focused on future of IMS
      178 views
      Nov 5, 2019
      RTV6 The Indy Channel
      70.4K subscribers
      The man nicknamed "The Captain" will set a new course for the track.


      IIBTV: IMS, IndyCar Series to Sell to Penske
      36 views
      Nov 10, 2019
      Inside Indiana Business
      431 subscribers
      It’s the end of an era… and the beginning of a new one. The Hulman-George family selling the Indianapolis Motor Speedway and the IndyCar series Penske Entertainment Corp. and legendary team owner and business executive Roger Penske. Hulman & Co. CEO Mark Miles discusses the impact the blockbuster deal could have on IMS, Indiana and open wheel racing.


      INsiders: Penske Buys IMS, Grand Junction Groundbreaking, eSports
      25 views
      Nov 10, 2019
      Inside Indiana Business
      431 subscribers
      Each week a group of INsiders joins us to offer perspective on the week’s top stories. This week sounding off the change in ownership at the Indianapolis Motor Speedway and Roger Penske’s vision to grow the track and more. Joining me are CHARGE President and Founder Ken Ungar, Bose Public Affairs Group Principal Roger Harvey and back with more perspective is Bill Benner.
      Barney Oldfield - AJ Foyt - Jim Clark - Dan Gurney - IMS - IMS YT - INDYCAR - INDYCAR YT

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      • You ain't see nothing yet...

        https://f1-insider.com/f1/mercedes-bleibt-in-der-formel-1-aber-nure-vorerst/


        F1 Insider learned from a reliable source: The team is for sale. Possible candidate is the American billionaire Roger Penske (82), who has just bought the rights of the Indy Car series and the course in Indianapolis. Penske, whose assets are estimated at 1.6 billion dollars, has great motorsport tradition. Several times he won with his own racing team, the 500 miles of Indianapolis, 1994 with Mercedes engine. Penske is considered a confidant of the Mercedes management team. In 1995, for example, he brokered the involvement of Daimler in McLaren.

        Penske, whose son Jay (40) belongs to the Dragon team in Formula E, now wants to expand further in motorsport. There are already talks about taking over the Mercedes team.



        "A good rule of thumb, if there's a car ahead of you, try to pass it." -Eddie Cheever

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        • Originally posted by hdolan View Post
          A prediction...there will be no IMS in 10 years...his wife is younger than he (74) and I've read his kids have little or no interest in racing...
          He’ll probably drop the Motor and just call it “Your name here” Speedway.

          Comment


          • The second "Captain" to own the track!

            Congratulations to Penske!
            http://brianswish.trackforum.com/brianswish_main.htm/

            Comment


            • A blast from the past! Hope you are well, trow.
              Center Grove Trojans
              2008 5A Football State Champs
              2015 6A Football State Champs
              2011 Track State Champs

              Center Grove Jr. Trojans
              2014, 2015 & 2017 IEFA State Champs

              Comment


              • Thanks, yep, all's well here! Congrats to CG against WC!
                http://brianswish.trackforum.com/brianswish_main.htm/

                Comment


                • Originally posted by tb View Post
                  I cannot believe no one has mentioned this interview from Racer.com

                  MILES: “We had an investment banker involved, Allen & Co, of New York City one of the best in sports and media, and we started out looking at who is interested in what. Late in process we were still talking to one or more groups that could have been a limited investor or a partner for purpose of big time real estate development.


                  https://racer.com/2019/11/11/miller-...-the-ims-sale/
                  Then people might have to admit that TG saved the Speedway by talking to RP first.
                  Skypigeon "If you're not on the bus, don't whine about the direction it's going."

                  Comment


                  • Originally posted by Jim Wilke View Post

                    There are - or were - 2 Mrs. Penskes.

                    He was married to Elizabeth (Lisa or Lissa) Stouffer from 1958 to 1969. She is the mother to Roger, Jr and Greg.

                    Roger then married Kathy in 1973. They have 3 children, Mark, Jay and Blair Penske Hall.
                    Correction - Roger and Kathy got married in 1974.

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