News

Penske buys INDYCar and IMS

Discussion in 'Other Racing' started by Simon^2, Nov 4, 2019.

  1. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    11,665
    At Sea Level
    WOW. Didn't see that coming. I can only think this is good for Indy car and the Indy 500.
     
  2. GuyIncognito

    GuyIncognito Six Time F1 World Champ
    Silver Subscribed

    Jun 30, 2007
    67,017
    it's been rumored off and on for years (certainly since Penske ditched CART to go back to the IRL)

    I think it's a great thing. Hulman family did a great job but I think running the track and series is outside their wheelhouse these days.
     
  3. TheMayor

    TheMayor Seven Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    74,058
    Vegas baby
    This insures the Speedway will continue and improve forever.

    The day they stop racing at the Speedway will be the day Auto racing is banned in America.
     
  4. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    11,665
    At Sea Level
    Indycar's future seems brighter today.
     
    GuyIncognito and william like this.
  5. blkfxstc

    blkfxstc Karting
    Silver Subscribed

    Nov 30, 2016
    202
    TX
    Full Name:
    Eric
    So how does Penske race in a series he owns without a conflict of interest?
     
    pilotoCS and 375+ like this.
  6. william

    william F1 World Champ

    Jun 3, 2006
    14,630
    England
    Full Name:
    William Denoyelles
    One question comes to mind:

    Will Penske have any influence in writting the Indycar regulations in future (like Tony George did) ?

    Will they abandon the "specs series" format ?

    Okay, that's 2 questions ...
     
  7. william

    william F1 World Champ

    Jun 3, 2006
    14,630
    England
    Full Name:
    William Denoyelles
    Good question.
     
  8. BartonWorkman

    BartonWorkman F1 Veteran
    Sponsor Silver Subscribed

    Nov 3, 2003
    5,714
    En El 305
    Full Name:
    Barton Workman
    rdefabri likes this.
  9. TheMayor

    TheMayor Seven Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    74,058
    Vegas baby
    Penske is

    1) a racer
    2) a brilliant business and marketing man
    3) wealthy and well connected
    4) deeply respected

    It can't hurt!
     
    LARRYH, Nuvolari, the_stig and 3 others like this.
  10. GuyIncognito

    GuyIncognito Six Time F1 World Champ
    Silver Subscribed

    Jun 30, 2007
    67,017
    Tony George owned an IRL team

    various members of the France family own or have owned NASCAR and IMSA teams

    I don't see a problem.
     
    ryanro24 likes this.
  11. BartonWorkman

    BartonWorkman F1 Veteran
    Sponsor Silver Subscribed

    Nov 3, 2003
    5,714
    En El 305
    Full Name:
    Barton Workman
    Don Panoz owned ALMS.

    Andy Evans owned Professional Sports Car Racing.

    Oh... Andy probably not a good example.

    BHW
     
    ryanro24 likes this.
  12. Jack-the-lad

    Jack-the-lad Three Time F1 World Champ
    Silver Subscribed

    Jun 22, 2004
    38,715
    Isle of Luci
    Full Name:
    Jack
    Fantastic news. The Captain will be the absolute best steward for IMS and IndyCar, bar none. No one else even comes close.
     
  13. BartonWorkman

    BartonWorkman F1 Veteran
    Sponsor Silver Subscribed

    Nov 3, 2003
    5,714
    En El 305
    Full Name:
    Barton Workman
    So long Hulmans and Georges, don't let the door hit you on the ass on the way out.

    BHW
     
    rdefabri likes this.
  14. Turbopanzer

    Turbopanzer F1 Veteran

    Oct 2, 2011
    9,394
    Under a bonnet
    Full Name:
    Panzer
    Supporting information ?
     
  15. GuyIncognito

    GuyIncognito Six Time F1 World Champ
    Silver Subscribed

    Jun 30, 2007
    67,017
    ?

    it's all over the news. there's been a press conference by the Hulmans and Penske.
     
  16. Turbopanzer

    Turbopanzer F1 Veteran

    Oct 2, 2011
    9,394
    Under a bonnet
    Full Name:
    Panzer
    Thanks just got in and haven't seen it. Will play catch up.
     
    GuyIncognito likes this.
  17. pilotoCS

    pilotoCS Formula 3
    Silver Subscribed

    May 19, 2019
    1,618
    Wash DC & Long Island
    Full Name:
    Willis B.
    I wonder if they'll try to bring back F1? There's zero they have to do other than pay the sanctioning fee. I would rather go there than Miami!
     
  18. BartonWorkman

    BartonWorkman F1 Veteran
    Sponsor Silver Subscribed

    Nov 3, 2003
    5,714
    En El 305
    Full Name:
    Barton Workman
    After the Indianapolis F-1 fiasco, F-1 vowed that they'd never race on an roval again.

    You have to think the teams would be in an uproar if they did.

    BHW
     
  19. pilotoCS

    pilotoCS Formula 3
    Silver Subscribed

    May 19, 2019
    1,618
    Wash DC & Long Island
    Full Name:
    Willis B.
    Why? That was all on Michelin. Plus, they have the chicane now that slows them down on the oval. It's a new day.

    Again, I would much rather go to The Indianapolis Motor Speedway than some gawd-awful parking lot in Miami.
     
    ryanro24, GuyIncognito and TheMayor like this.
  20. pilotoCS

    pilotoCS Formula 3
    Silver Subscribed

    May 19, 2019
    1,618
    Wash DC & Long Island
    Full Name:
    Willis B.
    If this means that Tony George is finally gone from the racing scene shouldn't there be a National Holiday of some sort?
     
    lorenzobandini likes this.
  21. blkfxstc

    blkfxstc Karting
    Silver Subscribed

    Nov 30, 2016
    202
    TX
    Full Name:
    Eric
    Today's society is much different than the past, I see issues in the future. Indy has some good momentum building, I hope this doesn't deter that at all.

    PS - this is no slight against Penske, I think he has been great for racing in many ways, just worried about today's perception of things....
     
  22. Jack-the-lad

    Jack-the-lad Three Time F1 World Champ
    Silver Subscribed

    Jun 22, 2004
    38,715
    Isle of Luci
    Full Name:
    Jack
    I would too but Pirelli would probably throw a pissyfit.

    “Whaa? Now we-uh gotta make-uh the pneumatici wear out molto rapidamente on-uh the oval too? Pazzo!”
     
  23. pilotoCS

    pilotoCS Formula 3
    Silver Subscribed

    May 19, 2019
    1,618
    Wash DC & Long Island
    Full Name:
    Willis B.
    If Bridgestone (back in 2005 in F1) and Firestone (currently on the IndyCars) can do it, so can Pirelli. Semplicita!
     
  24. BartonWorkman

    BartonWorkman F1 Veteran
    Sponsor Silver Subscribed

    Nov 3, 2003
    5,714
    En El 305
    Full Name:
    Barton Workman
    You'd have to ask Formula One that.

    And, anyway, it's just so not happening.

    BHW
     
  25. Turbopanzer

    Turbopanzer F1 Veteran

    Oct 2, 2011
    9,394
    Under a bonnet
    Full Name:
    Panzer
    Who said he bought it to use for racing? Roger's timeline is rather short. This type of investment is for the long haul. None of his children are involved with the sport at this time. Maybe a plan for the Penske Corporation is in place for IMS. It is a central location that could provide his other entities advantages over the competition. Will be interesting to watch.

    Please come and join us at our new 500 home housing project called " Brickyard Estates". :p
     
    lorenzobandini likes this.

Share This Page