REUTERS: Roger Penske bought the Indianapolis Motor Speedway and IndyCar Series from Hulman & Company on Monday and said he plans to invest new money into the famed track and may even look into bringing Formula One racing back to the venue.
Penske, who is the most successful owner in the Indianapolis 500 race with 18 victories, was very bullish when speaking about the future of the Indianapolis Motor Speedway, which is already the highest-capacity sports venue in the world. "This business is not broken. This is a great business," said Penske."We're looking forward to seeing what we can do to make IndyCar even stronger."
Last month, U.S. President Donald Trump awarded one of the nation's highest civilian honors to Penske when he presented him with the Presidential Medal of Freedom.
Source: News Formal (newsformal.com)
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