The following appears on TheDrive.com

Penske Corporation’s acquisition of the NTT IndyCar Series, Indianapolis Motor Speedway, and IMS Productions has largely been praised across motorsport as a brilliant move. Who knows the sport—including the Greatest Spectacle in Racing—better than Roger Penske, who carries with him 18 Indy 500 victories as a team owner. Rumors swirled that major changes could be made sooner rather than later and now, three months after The Captain’s purchase was announced, he has released a list of improvements aimed at taking IMS and the Indy 500 into the stratosphere.

The highlight of Penske’s Friday presser was the upcoming Indy 500’s record-setting purse, which will amount to over $15 million. That’s about a $2 million boost compared to last year, and part of this can be attributed to a slew of new major sponsors for IndyCar and IMS: Pennzoil, Verizon, Snap-On Tools, DEX ImagingRoad and Track magazine, and Global Medical Response.


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SOURCE The Drive

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