Roger Penske was 14 years old when he fell in love with cars zipping around Indianapolis Motor Speedway, and now 68 years later, he owns the iconic speedway, its hallowed grounds, “The Greatest Spectacle in Racing,” the IndyCar Series and all its properties in a stunning deal announced Monday.
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Indianapolis Motor Speedway and the IndyCar Series have been sold to Penske Entertainment Corp. in a stunning Monday announcement that relinquishes control of the iconic speedway from the Hulman family after 74 years.