Overview
- Grand Prix Association of Long Beach announced that Jim Michaelian will move to a Penske Entertainment role on June 30, with Jim Liaw becoming president and CEO on July 1.
- Liaw will start as temporary general manager on February 9, 2026 to help run the 2026 Acura Grand Prix of Long Beach.
- Michaelian, 82, will oversee operations through the April 17–19, 2026 race weekend before completing the handoff.
- Penske Entertainment, which owns the Grand Prix Association, framed the event as a strategic priority and praised Michaelian’s decades of leadership.
- Liaw, 50, brings experience as Performance Racing Industry’s general manager and as co-founder of Formula Drift, following a 2025 Long Beach weekend that drew more than 200,000 fans.