PENSKE CORPORATION TO PURCHASE HULMAN & COMPANY
PENSKE CORPORATION TO PURCHASE HULMAN & COMPANY Story By: Indianapolis Motor Speedway Photos By: John John Lane & Pete MacDonald/RacersGuide.com Acquisition to include the Indianapolis Motor Speedway, the NTT IndyCar Series and IMS Productions The Board of Directors of Hulman & Company announced today that it has entered into an agreement to be acquired by Penske Corporation, a global transportation, automotive and motorsports leader. Penske Entertainment Corp., a subsidiary of Penske Corporation, will acquire all Hulman & Company principal operating assets, including the Indianapolis Motor Speedway, the NTT IndyCar Series and IMS Productions. The transaction will close following receipt of…
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