Penske Entertainment is taking the wheel of the historic Grand Prix of Long Beach. The company announced Thursday its acquisition of Grand Prix Association of Long Beach, LLC, from longtime owner Gerald R. Forsythe, marking a major shift as the iconic street race approaches its 50th running next year, organizers revealed Thursday.
The Acura Grand Prix of Long Beach, a crown jewel of the NTT INDYCAR SERIES, draws over 190,000 fans annually to its thrilling three-day weekend. Held on a 1.968-mile track that winds through the Long Beach Convention & Entertainment Center, the event has captivated racing enthusiasts for decades.