Once the deal is finalized, Penske will become just the fourth owner of the 110-year-old racetrack.

Indianapolis Motor Speedway and the IndyCar Series were sold to Penske Entertainment Corp. in a stunning move Monday that relinquishes control of the iconic speedway from the Hulman family after 74 years.

Kevin Harvick started the day by winning the pole position during the morning qualifying session and ended it with the largest margin of victory in the 26 years of the Brickyard 400.

Its costing the town $2,000 to $3,000 a week to keep the oil from reaching a nearby creek.

Simon Pagenaud's margin of victory over Alexander Rossi was a mere 0.2086 seconds -- the seventh-closest finish in the 103 years of the race.

The annual Carb Day revelry ahead of the 103rd running of the Indianapolis 500 got off to a soggy start as a line of storms rolled over Indianapolis Motor Speedway on Friday.

With rain and thunderstorms forecast through the holiday weekend, the Indianapolis Motor Speedway is encouraging fans to be prepared.

For the first time, self-driving karts got a chance to race at the Indianapolis Motor Speedway as part of the lead up to the Indianapolis 500.

During the month of May, emergency medical residents from across the country are in Indianapolis for a residency program at the Indianapolis Motor Speedway.

The Indiana Historical Society is bringing a traveling exhibit devoted to Indianas rich automotive and racing heritage to the Indianapolis Motor Speedway.