who owns the indianapolis motor speedway

The Indianapolis Motor Speedway is owned by Penske Entertainment Corp. , a subsidiary of Penske Corporation, controlled by longtime racing executive and team owner Roger Penske.

Current owner: quick facts

• Penske Entertainment Corp. owns the Indianapolis Motor Speedway (IMS), the NTT IndyCar Series, and IMS Productions.

• Penske Entertainment is part of Penske Corporation, the business empire built and led by Roger Penske.

• The formal transfer of ownership from the Hulman family to Penske’s group was completed in early 2020.

How ownership changed hands

• The Hulman family, through Hulman & Co., had owned IMS since 1945 and decided to sell after decades of stewardship.

• The sale to Penske’s organization was announced in late 2019 and finalized a few months later, making Penske the fourth owner in the track’s history.

• The deal included not just the track but also the IndyCar Series and related media/production assets.

Recent structural detail

• IMS is described as being owned by Penske Entertainment Group , which is majority controlled by Penske Corporation.

• Public profiles for Indianapolis Motor Speedway list Penske Entertainment Corp. as the parent company overseeing the venue and the IndyCar Series.

Information gathered from public forums or data available on the internet and portrayed here.