Last edited Wed Jul 1, 2026, 07:25 PM - Edit history (2)
But it is the most famous and largest one-day sporting event. Most people aren't aware of the rest of the series, but it is gaining a following a little each year.
Roger Penske bought the Indy 500 track and the whole series a few years ago and has been making steady progress. Before then, it was family owned, and was always the Indy 500 plus a weird collection of other races to make some money for the teams the other 11 months of the year. Penske has been building this as a real series.
I know many of us here are pretty tired of rich business people like Musk, Ellison, and Zuckerberg who make most of their wealth by stock market manipulation. I will say I have a lot of admiration for Roger Penske. He is a smart guy who treats people right and makes a lot of good business decisions with a long term view. We would be a lot better off is people like Penske were the model instead of Musk and company.
When Penske bought the whole thing, I thought that was going to be very awkward because Penske has always had a team racing in the series. I figured people would fear that Penske would use his ownership to deal himself advantages. But that never happened. The other teams competed fiercely against the Penske teams. But when Penske bought it, they all were in support AFAIK. That says they respected his integrity.
When was the last time you heard the word "integrity" used by any of the national media?