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Penske purchases Grand Prix Association of Long Beach

Penske Entertainment announced Thursday that it has acquired the Grand Prix Association of Long Beach from Gerald Forsythe. The purchase brings the iconic Grand Prix of Long Beach IndyCar and IMSA street race under Roger Penske’s large portfolio. There is expected to be a significant monetary investment in the event under the new ownership that […] The post Penske purchases Grand Prix Association of Long Beach appeared first on Motorsport Week.
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