VIDEO: Analyzing Penske’s Acquisition Of IMS & IndyCar

On Monday the entire motorsports world was shocked to find out 18-time Indianapolis 500 race winning car owner Roger Penske had acquired not only Indianapolis Motor Speedway, but also the NTT IndyCar Series.

SPEED SPORT President Ralph Sheheen and SPEED SPORT Editor Mike Kerchner sat down moments after the formal announcement at Indianapolis Motor Speedway to discuss the landmark news and what it means for Indianapolis Motor Speedway and the NTT IndyCar Series going forward.