The Acura Grand Prix of Long Beach, one of the premier and most-beloved street races in North America, has been acquired by Penske Entertainment, officials announced on Thursday, Nov. 14 — with representatives from both organizations describing the purchase as a way to further invest in the motorsports event.
acquires
P1 Groupe Acquires Operation of RacingEdge, One Stop Automotive Classifieds
ORLANDO, Fla., (June 6, 2024) – In an exciting new step in a long-standing partnership, P1 Groupe has recently taken over operations of RacingEdge, an industry leader in premier automotive classified ads online. With over two decades of experience in the professional motorsports industry, P1 Groupe has cultivated invaluable expertise and connections, becoming a go-to resource for clients in need of moving high-performance vehicles. (more…)
High Limit Sprint Car Series Acquires All Star Circuit of Champions
The High Limit Sprint Car Series has finalized the acquisition of the All Star Circuit of Champions. NASCAR Cup Series champion Kyle Larson and four-time World of Outlaws Sprint Cars champion Brad Sweet will take over ownership of the regional series owned by three-time NASCAR Cup Series champion and Eldora Speedway owner Tony Stewart. (more…)
iRacing Acquires NASCAR Team Properties’ Exclusive Simulation-Style Console Racing Game License
DAYTONA BEACH, Fla. (October 5, 2023) – NASCAR®, iRacing and Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”) announced today that iRacing has acquired NASCAR Team Properties’ (NTP) exclusive simulation-style console racing games license from Motorsport Games.
IMG Acquires Majority Stake in Barrett-Jackson
NEW YORK – AUGUST 11, 2022 – IMG, an Endeavor company and global leader in events, media, sports and fashion, has acquired a majority stake in Barrett-Jackson, the premier collector car auction and live events company. (more…)