Roger Penske insists his commitment to Indianapolis Motor Speedway and the IndyCar Series remains steadfast as the world waits for the coronavirus pandemic to end.
The American industrialist, who turned his racing hobby into a business empire, agreed last fall to become just the fourth owner of national landmark racetrack in a deal with the Hulman-George family, which had controlled American open-wheel racing since Tony Hulman bought the dilapidated speedway in 1945.
But before he could run his first Indianapolis 500 as owner of both the track and the series, Penske on Thursday postponed the race until Aug.