OFF TOPIC - BIG RACE NEWS Penske buys IMS & INDYCAR.

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11-04-2019, 09:40 AM
HoosierDirtFan

OFF TOPIC - BIG RACE NEWS Penske buys IMS & INDYCAR.

I know it’s a bit IFF TOPIC for this page.
Just seen a while ago
Big race news for the motor sports world.
Roger Penske buys Indianapolis Motor Speedway & the INDYCAR series.

Wonder what this means for the dirt track located inside turn 3.
11-04-2019, 09:45 AM
Rocky

That’s the biggest news in racing in my entire life. I don’t know what it means but it’s really, really big. Wow.
11-04-2019, 04:24 PM
Dlmfan123

Nothing should change with the dirt track as it’s a midget track and they probably won’t do anything with it other then the 2 nights a year
11-05-2019, 08:50 AM
Jim11h

Would think it's just a move to ensure indy cars and indy. The Speedway is operated by a board of trustees
11-05-2019, 09:08 AM
Mams

Thought Tony Stewart was going to buy it!
11-05-2019, 09:11 AM
dmr37

Quote:

Originally Posted by Mams

Thought Tony Stewart was going to buy it!

All of his money will tied up when he buys Lasalle
11-05-2019, 09:37 AM
Mams

Quote:

Originally Posted by dmr37

All of his money will tied up when he buys Lasalle

Gotcha! Makes perfect sense. He’ll buy Mansfield later.
11-05-2019, 11:24 AM
jensenracing18

with a net worth of about 80 million I don't think LaSalle would put much of a dent in the bank account ;)
11-05-2019, 12:12 PM
WisWildManFan

still hoping to see them move cup date to irp someday
11-05-2019, 04:36 PM
Barbecueboy

Quote:

Originally Posted by Jim11h

Would think it's just a move to ensure indy cars and indy. The Speedway is operated by a board of trustees

Will that still be the case after the new owner takes ownership of it?

I thought the trustee set up was more to protect the speedway from anything stupid that the family might do with it?

I really have no idea, it's a question.
11-05-2019, 05:06 PM
chupp n bloomer fan

Quote:

Originally Posted by WisWildManFan

still hoping to see them move cup date to irp someday

No sh!t. Used to love the Busch and truck races there.
11-05-2019, 05:16 PM
WisWildManFan

Quote:

Originally Posted by chupp n bloomer fan

No sh!t. Used to love the Busch and truck races there.

Yep used to go with buddies back in day. Arca/usac thurs, trucks Friday, Busch Saturday. Used to go walk around big track on Friday, actually passed on free tickets at brickyard. Used to get some big names running at irp too.
11-05-2019, 06:12 PM
ZERO25

He has "owned" it for a long time......now, he has to pay for it! :)
11-05-2019, 08:57 PM
Barbecueboy

Very well put.....I see Danica back in Indy car soon fwiw.
11-06-2019, 08:48 AM
Jim11h

I understood board as just like any other big business. Their job is to ensure Speedway growth and make decisions
11-06-2019, 11:46 AM
Barbecueboy

Quote:

Originally Posted by Jim11h

I understood board as just like any other big business. Their job is to ensure Speedway growth and make decisions

Gotcha......i see Mr Penske channging or modifying that system somehow.

If Indy was a publicly traded company that reported growth to it's shareholders then I could see it as necessary ....but with the boss owning it wholly I doubt that trustee deal will survive under the new owner.

I'm thrilled Tony George is out( or at least I hope he is )