IndyCar
Penske Corporation Buying IndyCar And Indianapolis Motor Speedway from Hulman & Company

INDIANAPOLIS, IN (Pittsburgh Racing Now) – The winningest car owner in the history of the Indianapolis 500 is buying the Indianapolis Motor Speedway, the NTT IndyCar Series and IMS Productions.
The Board of Directors of Hulman & Company announced on Monday that it has entered into an agreement to be acquired by Penske Corporation, a global transportation, automotive and motorsports leader. Penske Entertainment Corp., a subsidiary of Penske Corporation, will acquire the track, series and production company following government approvals.
“The Indianapolis Motor Speedway has been the centerpiece and the cathedral of motorsports since 1909 and the Hulman-George family has proudly served as the steward of this great institution for more than 70-years,” said Tony George, Chairman of Hulman & Co. “Now we are honored to pass the torch to Roger Penske and Penske Corporation, as they become just the fourth owner of the iconic Speedway. There is no one more capable and qualified than Roger and his organization to lead the sport of IndyCar racing and the Indianapolis Motor Speedway into the future.”
George and his family recently decided that it was time to sell the Speedway and reached out to Penske following the conclusion of the 2019 IndyCar season. The acquisition by the Penske organization will carry the future of the legendary Speedway and the Indycar Series forward for the next generation of racing fans.
“My passion for racing began at the Indianapolis Motor Speedway in 1951 when I attended the Indianapolis 500 with my father,” said Penske. “We have so much respect and appreciation for the history and tradition of the Speedway and the sport of IndyCar racing. I want to thank Hulman & Company for the opportunity to build on this legacy and it will be an honor for Penske Corporation to help lead these great institutions forward into a new era.”
Penske Corporation has a history of managing major motorsports properties, beginning with the acquisition of Michigan International Speedway from bankruptcy in 1973. Penske and its subsidiaries also operated the Grand Prix of Cleveland, Nazareth Speedway and California Speedway. Penske Corporation currently operates and promotes the Detroit Grand Prix at the Belle Isle Park street circuit.
Carl Fisher built the Indianapolis Motor Speedway in 1909. Eddie Rickenbacker purchased the Speedway in 1927 before selling it to Tony Hulman and Hulman & Company in 1945.
The announcement comes one year-and-a-day after the passing of Mari Hulman George, the only daughter of Tony Hulman and Mary Fendrich Hulman. Mari Hulman George, Tony George’s mother, passed away November 3, 2018.
Penske expects the sale to close in January of 2020.
IndyCar
Kyle Kirkwood wins INDYCAR Acura Grand Prix of Long Beach

LONG BEACH, CA (April 13, 2025) – Kyle Kirkwood started on the pole position and held off reigning series Champion Alex Palou en route to winning Sunday’s NTT INDYCAR SERIES Acura Grand Prix of Long Beach, his third career victory and second on the streets of California.
“To win here, the 50th, with this team, with this group, with Honda, an Acura-sponsored event is absolutely massive,” said Kirkwood. “This was a flawless weekend for myself, for the team, for the crew, for everyone involved.”
Palou, who was trying to open the season with three straight wins came home second after starting third in the No. 10 DHL Chip Ganassi Racing Honda, giving Honda the Top 2 spots on the Podium.
“I’m super happy to be here,” said Palou, a three-time series Champion. “I think it’s been a great weekend. We really didn’t have that ultimate speed that the 27 car had. Every time I was having like a small chance, he just had a little bit more pace.”
Kirkwood started on the softer but quicker Firestone alternate tires as did most of the starters in the Top 10. Arrow McLaren’s Christian Lundgaard was the first driver to start on the harder Firestone alternate tires leading to another interesting strategy day in regard to how long to run on the alternates.
Team Penske’s Josef Newgarden was the first to ditch the alternates, opting to pit at the end of his second lap, the minimum amount of laps one can run either of the compounds.
Kirkwood’s Andretti Global teammate Colton Herta and Team Penske’s Scott McLaughlin ditched their alternates after running 5-laps with Palou and Meyer Shank Racing’s Felix Rosenqvist coming in on the next lap.
Kirkwood came in on the following lap as more front runners ditched the alternates for the longer lasting primary Firestones handing the lead to Arrow McLaren’s Christian Lundgaard, who started on the harder, longer lasting primary tires. Lundgaard used the strategy to lead 26-laps to come home in third place.
“We went off strategy compared to what we expected most of the field to do,” explained Lundgaard. “We were the first primary tire runner in the field. “I told the team this morning, even before warm-up, let’s try to go aggressive, and let’s see what we can do. We have the most tires of everybody. We had two sets of alts, three sets of new primaries.”
In the end nobody had enough for Kirkwood who moved up to second place in the Championship standings, 34-points behind Palou with Lundgaard now in third place, 46-points back.
The next NTT INDYCAR SERIES race is May 3rd at Barber Motorsports Park.
IndyCar
Kirkwood, Herta power Andretti and Honda to front row lockout at Long Beach

LONG BEACH, CA (April 12, 2025) – Kyle Kirkwood is on the pole position for Sunday’s NTT INDYCAR SERIES Acura Grand Prix of Long Beach with Andretti Global teammate Colton Herta alongside as the duo locked-out the front row helping Honda sweep the Top 5 qualifying spots.
Kirkwood’s fast lap off of 1-minute, 6.1921 seconds (107.034 mph) in the No. 27 PreFab Honda on his last lap in the Firestone Fast Six earned him his first pole of 2025 and third of his career.
“Amazing day for Honda and Andretti Global,” said Kirkwood. “A front row lockout for us in the #27 and #26 cars and just a great day for Honda power—top five here at the Acura Grand Prix of Long Beach. This is a huge result for us as a team, a huge result for Honda, and it gives us a great starting spot to give ourselves the best chance of winning here tomorrow. Should be a great one!”
Herta missed out on the pole position by a mere 0.2311-seconds in the No. 26 Gainbridge Honda (106.662 mph).
“Happy to be starting on the front row for the Acura Grand Prix of Long Beach,” said Herta. “I think we have some really strong cars here at Andretti Global and locking out the front row gives us a great shot tomorrow.”
Reigning Series Champion and points leader Alex Palou will start third in the No. 10 DHL Chip Ganassi Racing Honda after a fast lap of 1-minute, 6.6254-seconds (106.338 mph). Palou won the first two races of the season and would love to make it three straight.
“It’s a solid qualifying for us,” said Palou. “You always want more, and we felt like we were going to be fighting a little bit more, but it was good! It was fun out there and to fight. We just missed it a little bit. Great job by Honda locking out the top five and for us, starting third, it’s a great opportunity to decide on a strategy and have a clean race and move up. The #10 DHL Honda has been amazing so hopefully we can get the win.”
Meyer Shank Racing’s Felix Rosenqvist will start fourth with Andretti’s Marcus Ericsson rounding out the Top 5.
Up next is the pre-race warmup at noon ET Sunday (FS1, FOX Sports app, INDYCAR Radio Network), followed by the 90-lap race at 4:30 p.m. (FOX, FOX Deportes, FOX Sports app, INDYCAR Radio Network).
IndyCar
Alex Palou wins The Thermal Club INDYCAR Grand Prix

THERMAL, CA (March 23, 2025) – Alex Palou is off to a great start to defending his 2023 and 2024 Championships by winning Sunday’s NTT INDYCAR SERIES Thermal Club Grand Prix to start off 2025 with back-to-back victories.
“it’s amazing,” said Palou. “We love this feeling obviously. I think everybody does. We never take anything for granted, at least they don’t, anybody in the team. They just keep on working and giving me better cars and all the tools that I need to try and win and fight for the races.”
Palou, who became the first driver to win back-to-back races to start the season since teammate Scott Dixon in 2020, gave all the credit to his No. 10 DHL Chip Ganassi Racing Honda crew.
“It’s been incredible, an incredible weekend with lots of speed and perfect execution on pit stop, strategy,” said Palou. “It was especially hard for us when we were at the beginning of the race at a disadvantage on the tires compared to the 5 and the 7, when they started using their new alternates very early on. You could see they’re going away. You’re like, Man, I know I still need to go slow and keep my rear tires on, although you see they’re pushing a little bit more than you.”
Palou survived the first stint in third place as the tire strategy continued to play out on the remaining stops until he passed pole-sitter Patricio O’Ward with 10-laps to go and pulled away for his 13th career victory.
O’Ward led an Arrow McLaren front row lockout starting on the pole position and led a race-high 51-laps but the No. 5 Chevy didn’t have enough to hold off Palou when it mattered most, after the last pit stop of the race.
“Obviously we were the car that had everything to lose because we were starting on pole,” said O’Ward. “I think we led like 50-something laps, 51 laps. It kind of sucks to lose it there in the end.”
O’Ward and his team started the race on new Firestone alternate tires whereas Palou started on used alternates keeping the sticker reds for his last run.
“We ran a red, black, black, black race,” explained O’Ward. “I think it should have been a red, red, black, black or any sort of combination with two reds and two blacks. I think we missed it on the 5 car. We can only see why we chose that, try not to make that mistake again.”
Christian Lundgaard, who started second, finished third in the No. 7 Chevy to give the McLaren team two car on the podium.
“I think the car that I had yesterday was potentially a little more preferred for me than today,” said Lundgaard, who scored the fourth podium finish of his career. “I think we made some changes going into warm-up that felt nice in warm-up, but it was 40 degrees cooler. We carried those into the race. To me that didn’t really seem to be the preferred.”
Andretti Global’s Colton Herta finished fourth in the No. 26 Gainbridge Honda followed by Meyer Shank Racing’s Felix Rosenqvist in fifth in the No. 60 SiriusXM Honda, giving Honda three cars in the Top 5.
Will Power was the biggest mover of the day, picking up 15-positions to finish sixth in the No. 12 Verizon Chevrolet.
Palou holds a 39-point lead over O’Ward and a 41-point lead over Scott Dixon in the Championship standing heading into the Acura Grand Prix of Long Beach on April 13, 2025.