Roger Penske on Thursday added the most prestigious street race in North America to his portfolio with the purchase of the Grand Prix of Long Beach. Forsythe bought Kalkhoven's shares…

Penske now owns two of the most famous races in sports – the Indianapolis 500 and Long Beach.

Roger Penske, the legendary driver, team owner and now race-track executive, has bought the Long Beach Grand Prix, adding the race to a stable of open-wheel events that already includes…

F1 legend Michael Schumacher was involved in a near-fatal skiing accident in December 2013

Monaco will continue to host Formula 1 races until at least 2031 after a new six-year deal is agreed.

There’s no doubting the event’s appeal to celebrities and high-rollers. But for drivers and racing fans alike, the underwhelming sensation post-race continues to be an issue

The famous race in the principality featured on the first F1 world championship calendar in 1950