Penske Entertainment Acquires Iconic Long Beach Grand Prix

Roger Penske's acquisition brings new leadership to the historic street race as it prepares for its 50th anniversary.

Penske Entertainment has acquired the Grand Prix of Long Beach from longtime owner Gerald R. Forsythe, marking a significant addition to its motorsports portfolio.
The 50th edition of the Acura Grand Prix of Long Beach is scheduled for April 13, 2025, with special events planned to celebrate the milestone.
The acquisition is expected to enhance the race experience for fans and sponsors, with Penske committed to preserving the event's unique qualities.
The Grand Prix of Long Beach is a major economic driver for the region, attracting nearly 200,000 attendees and contributing an estimated $63 million annually.
Roger Penske's motorsports empire now includes both the Indianapolis 500 and the largest street race in North America, reinforcing his influence in the racing world.