New Captain at the Helm

We woke up the morning of Monday, November 4, 2019, to find that the whole kit and caboodle has been sold. No seriously, for an IndyCar fan, it felt like it. A year and a day since the passing of Mari Hulman George, the only daughter of the late Tony Hulman, it was announced that IndyCar, the Indianapolis Motor Speedway and IMS Productions will be turned over than none other than Roger ‘The Capitan’ Penske come January 1, 2020.
“I think once the momentum continues to swell here, I think it’s going to raise all boats, so hopefully, we’ll have that opportunity to continue to be involved and work right alongside Roger and his group and all of the teams and fans and media that come here to enjoy it” — Tony George, son of Mari Hulman George and Chairman of Hulman & Company.
This is a huge deal. Like has-only-happened-4-times- in-100-years kind of big. When the Indianapolis Motor Speedway was built in 1909, four local businessmen became the founding fathers of The Racing Capital of the World. Arthur Newby, James Allison, Carl Fisher, and Frank Wheeler oversaw the construction and effectively owned the track until WWII Flying Ace Eddie Rickenbacker and associates bought it in 1927 for $750,000. Rickenbacker ushered in a new era of safety innovations and was the face of the Indianapolis Motor Speedway through the Great Depression and World War II. In 1945, supplies were short due to the war efforts and the track had fallen into a state of disrepair. Terre Haute, IN native and Anthony ‘Tony’ Hulman bought the track at the suggestion of three-time Indianapolis 500 winner, Wilbur Shaw. Shaw was named President and the Hulman family has proudly owned the track and the subsidiary racing series and Production Company for decades. Enter Roger Penske.
“We’re very excited to be in a place where our process took us to a point where we as a family all agreed we needed to have a conversation with Roger Penske. I approached him at the final race of the season, not wanting to distract from the task at hand, which was bringing home another championship… I just simply said, I’d like to meet with him and talk about stewardship” — Tony George.
Roger Penske is no stranger to the Indianapolis Motor Speedway or IndyCar. You could easily say that he has been an integral part of both for the better part of his life. Once a racer himself, Roger became fascinated with motorsports early on. The Penske Racing team debut at the 24 Hours of Daytona in 1966 and he entered his first car at Indy in 1969. The rest is history. Fielding cars with iconic drivers and chassis, Penske Racing racked up a record-breaking 14 Indy500 wins alone- including this year’s Champion, Simon Pagenaud. Just looking at 2019, Roger and Team Penske had a big season. Induction into the NASCAR Hall of Fame, Presidential Medal of Freedom, Fifth IndyCar Championship title and IMSA Prototype Challenge Championship- all of which are significant on their own yet somehow only ended up being footnotes to one of the largest purchases in American Motorsports history.
“I think to everyone that’s here today and around the world listening to this iconic event, I really have to wind back to 1951 when my dad brought me here when I was 14 years old, and I guess at that point the bug of motor racing got in my blood I’d have to say… So today I hope my dad’s looking down at me and looking at this group and saying, Son, you did a good job.” – Roger Penske
This is fantastic news- and news that affects the entire industry as a whole. If anyone cares about IndyCar and the Indianapolis 500, it is Roger Penske. Someone who is not afraid to pour dollars, manpower, and experience into a project, Roger himself is already talking about big plans. Night racing, more series, and upgraded safety and technology will take a venue that is already legendary and make it better. Bigger business and more partners can help bring in another engine manufacturer or international races into the series. Make no mistake, by no means, will the traditions we know and love be cast away or forgotten, but encouraged on a larger stage.
“Look, we’ve got to break some glass on some of these things, don’t we. We’ve got to try some of this. I’m prepared to take a risk. No risk, no reward in many cases.” — Roger Penske
It’s hard to say what ideas will be implemented first or on what scale. Suffice to say, that 2019 is already shaping up to be an incredibly interesting racing season. Thank you, Hulman George family for the decades of service and let’s welcome our new Capitan, Roger Penske.

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