Month: November 2019

Roger Penske hops his “credibility” will prevent accusations of a conflict of interest following his corporation’s purchase of IndyCar and Indianapolis Motor Speedway owner Hulman and Company. Penske, who has worked with Will Power for the past two seasons with the exception of the Indianapolis road course race and Indianapolis 500, announced on Monday he
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Penske Entertainment will assess options for bringing a more adventurous roster of events at Indianapolis Motor Speedway – including a possible IndyCar/NASCAR double-header, endurance racing and the return of Formula 1. It was announced on Monday that the Penske Corporation’s new entity, Penske Entertainment, has purchased IMS, as well as the IndyCar championship and IMS
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Mark Miles, the president of Hulman and Company, believes that Penske’s purchase of Indianapolis Motor Speedway and IndyCar will make US open-wheel racing more attractive to manufacturers and sponsors. Following the announcement that Roger Penske’s new entity, Penske Entertainment, has bought the Speedway, IndyCar and IMS Productions from Hulman and Company on Monday, a media
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McLaren will continue to pay James Hinchcliffe’s salary during the 2020 season after its controversial decision to oust him from its new IndyCar team. Hinchcliffe had an existing contract with the Arrow Schmidt Peterson Motorsports team that McLaren has partnered with to create Arrow McLaren SP for its full-time IndyCar return. After an initial suggestion
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