Tag: Penske

Penske takes ownership of IndyCar, Speedway

11:08 AM ET Associated Press Roger Penske completed his purchase of Indianapolis Motor Speedway on Monday, becoming just the fourth owner of the historic facility and subsidiaries that include the IndyCar Series. The speedway had been owned by Tony Hulman and Hulman & Co. since 1945, but the family approached Penske in September for advice…

How Verizon and Team Penske used 5G to help win the Indy 500

5G promises faster speeds, so what better place to use it than at a racetrack? Ahead of the 2019 Indianapolis 500, Team Penske used Verizon’s 5G network to send data from race cars on the track to the pit wall in order to fine-tune car setups. Penske driver Simon Pagenaud won the legendary race, bringing the…

Joest, Penske teams take front row for Rolex 24

7:17 PM ET Associated Press DAYTONA BEACH, Fla. — Oliver Jarvis broke a 26-year-old record at Daytona International Speedway in putting the Mazda DPi from Team Joest on the pole for the Rolex 24 at Daytona. Jarvis went to the top of the scoring chart early in Thursday’s qualifying session with a lap at 1…