Penske Entertainment, the powerhouse behind the NTT INDYCAR SERIES, has announced the acquisition of the Grand Prix Association of Long Beach, LLC, solidifying its commitment to the growth and enhancement of one of motorsport's most prestigious and historic events. The Acura Grand Prix of Long Beach, the longest-running major street circuit race in North America, is poised to embark on a new era of investment, innovation, and celebration as it marks its 50th anniversary in 2024.

Preserving Tradition, Driving Innovation

A Cherished Legacy Continues

Penske Entertainment's acquisition of the Acura Grand Prix of Long Beach represents a significant milestone in the event's storied history. As the new stewards of this iconic race, the organization has pledged to preserve the core attributes that have made it a beloved fixture on the motorsport calendar. Under the leadership of Roger Penske and his team, the event will continue to deliver an exceptional race weekend experience for its loyal fans, sponsors, and hospitality customers.

Investing in the Future

Penske Entertainment's commitment to the Acura Grand Prix of Long Beach extends beyond mere ownership. The organization has announced plans to invest significantly in bolstering and enhancing the overall experience for all stakeholders. This investment will focus on elevating the event's production values, improving infrastructure, and introducing innovative initiatives that will captivate audiences and elevate the event's global profile.

Celebrating a Remarkable Milestone

The 2024 edition of the Acura Grand Prix of Long Beach will mark a remarkable 50th anniversary for the event. To commemorate this milestone, Penske Entertainment and the Acura Grand Prix of Long Beach team have promised a special programming lineup that will celebrate the event's rich history and its enduring significance within the motorsport community.

Strengthening the INDYCAR Ecosystem

The Acura Grand Prix of Long Beach is a crown jewel in the NTT INDYCAR SERIES calendar, attracting global attention and delivering a significant economic impact to its host city. Penske Entertainment's acquisition of the event further solidifies its commitment to the growth and development of the entire INDYCAR ecosystem. By investing in this marquee race, the organization aims to enhance the overall experience for fans, sponsors, and the series' stakeholders, ultimately driving the sport's continued success.

Preserving Community Ties

The Acura Grand Prix of Long Beach has long been a vital asset for the local community, driving commerce, attracting tourism, and fostering cultural connectivity. Penske Entertainment has pledged to maintain the event's strong ties to the city of Long Beach, ensuring that it continues to be a source of pride and economic prosperity for the region. The organization's commitment to preserving the event's charitable initiatives, such as the Grand Prix Foundation of Long Beach, further underscores its dedication to the local community.

A Bright Future Ahead

As Penske Entertainment takes the reins of the Acura Grand Prix of Long Beach, the future of this iconic event looks brighter than ever. With a focus on preserving tradition, driving innovation, and enhancing the overall experience, the organization is poised to usher in a new era of growth and success for the Acura Grand Prix of Long Beach. Motorsport enthusiasts and the broader community can look forward to a thrilling 50th anniversary celebration in 2024 and many more years of world-class racing and entertainment at this cherished event.