The Indianapolis Motor Speedway has a new owner.
IMS has been sold to Penske Entertainment Corporation, the Board of Directors of Hulman & Company announced Monday.
According to IMS, the sale also includes the NTT IndyCar Series and IMS Productions. Hulman & Company bought IMS in 1945 in order to promote its Clabber Girl baking powder. The company sold Clabber Girl in May.
The possibility of running a race at night may increase as a result, too.
Kevin Lee, who covers IndyCar for NBC Sports Network, said he believes some changes could include lights that could make the speedway a popular venue for night races for both IndyCar and NASCAR.
He believes the Brickyard 400 also has a better chance of staying on the NASCAR schedule.
