IndyCar
Penske Corporation Completes Acquisition of Indianapolis Motor Speedway, IndyCar & IMS Productions

SPEEDWAY, IN (Pittsburgh Racing Now) – Penske Corporation is now in charge of the Indianapolis Motor Speedway, the NTT Indycar Series and IMS Productions after closing on the sale of the entities from Hulman & Company, who have owned them since 1945.
Penske Corporation becomes just the fourth owner in the history of IMS. joining Carl Fisher, who built the track in 1909; Eddie Rickenbacker, who purchased IMS in 1927; and Tony Hulman. Terms of the sale were not released.
“We are looking forward to carrying on the tradition of the Indianapolis Motor Speedway and IndyCar racing,” said Roger Penske, Chairman of Penske Corporation. “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’s time to get to work as we continue the growth of the Speedway and we build on the momentum of the NTT IndyCar Series.”
NTT IndyCar Series Teams took to Social Media to share the good news:
We look forward to seeing what the future holds for @IndyCar and @IMS! https://t.co/6XsMJvEhFX
— Chip Ganassi Racing (@CGRTeams) January 6, 2020
The series and sport have a bright future with Penske Corporation at the helm.
🏎😎 #IndyCar #IMS #Indy500 https://t.co/z4fKsRjSBC
— Rahal Letterman Lanigan Racing (@RLLracing) January 6, 2020
The Indianapolis Motor Speedway has hosted the world’s largest, single-day sporting event – the Indianapolis 500 Mile Race – for more than 100 years. The iconic venue has also hosted NASCAR, Formula One and other racing series throughout its stories history.
Penske Corporation is a transportation service company whose subsidiaries operate in a variety of industry segments with consolidated revenues of more than $32-billion in more than 3,200 locations and employing more than 64,000 people worldwide.
The 2020 NTT IndyCar Season starts on the streets of Florida with the Firestone Grand Prix of St. Petersburg March 13-15.
The 2020 racing season at Indianapolis Motor Speedway begins May 8 & 9 with the GMR Grand Prix on the IMS road course followed by the 104th running of the Indianapolis 500 on May 24. Tickets are available at indianapolismotorspeedway.com.
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.
IndyCar
Alex Palou fastest in first NTT INDYCAR SERIES practice at Thermal

THERMAL, CA (March 21, 2025) – Two-time defending and three-time NTT INDYCAR SERIES Champion Alex Palou is atop the speed charts after the first practice session at The Thermal Club.
Palou’s fast lap of 1-minute, 40.5486-seconds in the No. 10 DHL Chip Ganassi Racing Honda around the 17-turn, 3.067-mile natural terrain road course was 0.0901-seconds quicker than Andretti Global’s Kyle Kirkwood’s lap in the No. 27 Chili’s Honda.
“A really good start to the weekend for the No. 10 DHL Honda team,” said Palou. “We didn’t get many laps because of some red flags, but the car rolled off really well considering it was very different to last year with different tires and the hybrid unit, and we didn’t test here this year. I’m really happy.”
Kirkwood wasn’t the only Andretti Global car to shine as 2022 Indianapolis 500 presented by Gainbridge winner Marcus Ericsson was third at 1:40.7370 in the No. 28 Bryant Honda, followed by Southern California native Colton Herta at 1:40.8439 in the No. 26 Gainbridge Honda.
“Good start for all the Andretti cars,” said Herta. “All in the top 5. Just happy with that. This is a place where we tested, so really wanted to start off on the right foot. If we’re not quick right away after a place that you’ve tested at, it’s a little disappointing. You scratch your heads a little bit. So to start off that way is a little bit expected because we tested here, but it feels good.”
Not feeling good is the PREMA Racing team after a lengthy red flag for rookie Robert Shwartzman, who was forced to stop on track just past Turn 6 when a fire erupted in the rear of his No. 83 Chevrolet. Shwartzman quickly climbed from the car and was not hurt but the car was destroyed.
Saturday’s schedule features another practice at 1 p.m. ET, followed by NTT P1 Award qualifying at 5:05 p.m. ET (both on FS1, FOX Sports app, INDYCAR Radio Network). The 65-lap race starts at 3 p.m. ET Sunday (FOX, FOX Sports app, INDYCAR Radio Network).
IndyCar
Scott Dixon grabs 2nd place finish at the Firestone Grand Prix of St. Petersburg despite no radio

ST. PETERSBURG, FL (March 2, 2025) – Scott Dixon has some pretty incredible accomplishments in his 25-year INDYCAR career but finishing second in the season-opening Firestone Grand Prix of St. Petersburg despite losing radio communication with his team may be the most incredible.
“I’m pretty pissed off,” fumed Dixon, a six-time series Champion. “”It’s the first time I’ve ever done a whole race without a radio, so that was interesting. We had a good race going and we didn’t get it done. So it doesn’t feel good, that’s for sure.”
Imagine racing in the most competitive form or motorsports, in a concrete canyon using only your mirrors and the data on your dash.
“Kind of worked on the warm-up laps and kind of for the first 10 and that was about it,” explained Dixon about the radio issue.
The No. 9 PNC Bank Honda timing stand on pit road could only hear Dixon sometimes according to team owner Chip Ganassi.
“It was intermittent,” explained Ganassi. “Sometimes you got it, sometimes you didn’t.”
Not knowing key information to make decisions in the cockpit isn’t something that any modern day race driver wants to deal with.
“It’s nice in the race, right, just to understand who’s doing what, what strategy everybody is on,” explained Dixon. “I think when I caught Rossi and maybe Lundgaard, I kept trying to ask, how many laps have they got to go before we can get some clean air and kind of push because it’s very tough to just get a pass going here.”
Street circuits are notoriously tough to pass on so strategy often comes into play as teams try to ‘undercut’ (pit early) or ‘overcut’ (stay out long) to gain track position.
Dixon was leading the race, didn’t know what strategy his competitors were on; didn’t know who was up ahead unless he could see them and in the end didn’t have communication from his pit stand to come in a lap earlier for his final pit stop because of traffic.
“Ultimately cost us the race, I think, with not coming in when I should have,” said Dixon. “I caught about five or six cars on my in-lap. I think I lost about two or three seconds just on my in-lap. They (10 car) did the right thing; they could see the traffic coming. I had no communication, so didn’t know.”
Team owner Chip Ganassi said Dixon would’ve been on the top step of the podium if not for the issue.
“Well, if everything was 100 percent, he would have won — it was simple,” said Ganassi. “He would have won the race. The race was over. It was one stop to go, and we pitted a lap later than we wanted him to. That was the race. That was the difference between he and Palou.”
“Glad we got some good points and a nice one-two for the team,” said Dixon.
Palou leads the Championship by 10-points over Dixon as the NTT INDYCAR SERIES takes a few weeks off before the next race at The Thermal Club on March 23, 2025.