Yes, you read that correctly. Roger Penske has purchased Indianapolis Motor Speedway, IMS Productions and the NTT IndyCar Series. The sale was announced Monday morning.

Hulman and Co. has owned the speedway since 1945.

No other details have been released at this time, however, an 11AM EST press conference is scheduled to take place with Hulman and Co., IndyCar, and Roger Penske to speak regarding the sale.

Featured Image Credit: LAT Images

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