Barring a setback in practice Monday, Atlanta Hawks point guard Trae Young is expected to return from a right ankle sprain for Tuesday's game against San Antonio, league sources told ESPN's Adrian Wojnarowski.

Sources said Young plans to practice Monday for the first time since suffering the injury last Tuesday night. He was injured when he landed on the foot of Miami's Justise Winslow.

The Hawks have played just one game since then -- a loss to the Heat in the second game of a home-and-home on Halloween night.

In his second season, Young is averaging 26.8 points, 5.0 rebounds and 7.3 assists.

Young, 21, was second in the Rookie of the Year voting to Dallas' Luka Doncic last season.

Four-time Grand Slam champion Kim Clijsters has delayed her WTA Tour comeback because of a knee injury.

Clijsters, 36, says she will not be able to compete in January as she continues rehabilitation and treatment.

"It's a setback but I'm determined as ever to get back to the game I love," the Belgian mother of three said.

Clijsters, who first retired in 2007 to start a family, says she has been "inspired" by other mothers such as Serena Williams and Victoria Azarenka.

The former world number one returned in 2009 and won three more Grand Slams before her second retirement in 2012.

When her latest return was announced in September, Clijsters said she was targeting a return in January when the 2020 season starts but added she would remain flexible in her scheduling.

As a former world number one, Clijsters is eligible for unlimited wildcards at WTA tournaments. She will need to play three tournaments or earn 10 ranking points to re-establish a ranking.

She said not having to play a set number of tournaments a year has "made the choice a little bit easier".

Clijsters won 41 WTA titles and spent 20 weeks as world number one in her two previous spells.

Her daughter Jada was born in 2008, followed by sons Jack in 2013 and Blake in 2016.

Top titles for Todd and Adderley
By ELIZABETH BOTCHERBY – Squash Mad Correspondent

The Dunlop British Junior Championships 2019 reached a dramatic conclusion as eight of the top seeds triumphed, with Ireland’s Denis Gilevskiy making history by becoming the first Irishman to lift the Boys Under 17 title.

Champions were crowned from five English counties, with Ireland (Denis Gilevskiy) and Scotland (Georgia Adderley, GU19) landing podium finishes for the second consecutive year at one of the most prestigious tournaments on the junior circuit.

In the BU19, second seed Sam Todd (Yorks) defeated [3/4] Lewis Anderson (Warks) 11-4, 11-9, 6-11, 11-3 to capture the Don Sanderson Trophy aged just 16. Todd, who had previously claimed the BU13 twice, BU15 and BU17 titles completed the set at the first time of asking.

After Todd took the first two games, Anderson fought back resiliently to claim the third. Todd quickly responded, breezing into a 7-love lead before closing out the match 11-3 to earn his fifth BJC title.

Describing his victory, Todd said: “It feels great to have won all of the age groups and the under 19s feels the best of them all! Playing Lewis is always tricky because we’re both quite explosive and play short a lot. I just had to be patient and not attack too much.”

There was a case of déjà vu in the GU19s as [1] Georgia Adderley (Scot) defeated [3/4] Alice Green (Essex) in a repeat of last year’s final. Adderley, the World No.100, started the better of the two and was quickly up 2-0.

Green quickly replied to snatch the third 11-7 before Adderley wrapped up the victory in a physical fourth game. The match finished 11-7, 11-8, 7-11, 11-8, marking a third consecutive BJC title for the Scot.

“I’m over the moon,” said a delighted Adderley. “Coming in with the pressure of number one seed is always really hard. Alice gave a really good fight today, so it was a tough one.”

In the BU17, [1] Denis Gilevskiy had to go the distance to earn his second consecutive BJC title following an epic battle against [3/4] Hassan Khalil (Warks). After losing the first game, Gilevskiy regained control to win the next two. Khalil forced a decider but Gilevskiy came from 9-7 down to prevail 7-11, 12-10, 11-8, 5-11, 11-9, becoming the first Irish champion of the BU17.

“It feels great to win a second British title,” said the Irish no.1. “The final was tough, and it came down to last ditch efforts, but I pulled through and I’m overjoyed. It’s great to put Ireland on the map.”

The GU17 was an equally close encounter. Top seed Torrie Malik (Sussex) had to fight tooth and nail against [2] Saran Nghiem (Lancs) to capture her third BJC title.

Playing in her fifth consecutive BJC final, Malik clinched a tight first game 12-10 before Nghiem replied and took the second 11-8. Malik bounced back to claim the third 11-9 before saving game point in the fourth to triumph 12-10, 8-11, 11-9, 12-10.

“It feels amazing to be British champion again,” said a tired Malik. “It was a tough game against Saran, she’s playing really well at the moment. It was a physical game, but it feels amazing to have won and hopefully there’s more to come.”

In the biggest upset of the day [5/8] Tala Abaza (Middx) overpowered GU13 top seed Charlie McCrone (Lancs) to claim her maiden British title. Abaza’s power and athleticism proved to be the difference as she triumphed in straight games 11-8, 11-9, 11-3.

Elsewhere, in the BU15 top seed Jonah Bryant (Sussex) secured his second BJC crown following a straight games victory over [2] Abd-Allah Eissa (Warks) 11-6, 11-8, 12-10. Bryant cruised through the first two games but had to fend off a resurgent Eissa who held game point in the third game.

Describing the moment he won, Bryant said: “It feels great to be champion again. I was just thinking don’t hit a stupid shot, just get it in!”

The GU15 final was a repeat of 2017’s GU13 final with [1] Asia Harris (Yorks) overcoming [2] Amelie Haworth (Hants) to lift her second BJC title. Harris lost a close first game 9-11 but, fired up by a decision that went against her, fought back to win 9-11, 11-9, 11-3, 11-8.

“It feels absolutely amazing to be British champion again,” said Harris. “Amelie is an amazing player. When she saved championship point I was thinking, I can’t last another couple of points. My legs were going, I was shaking. But as soon as I hit the drop shot [to win] I was so relieved.”

In the BU13, [1] Alexander Broadbridge (Hants) defeated [3/4] Dylan Roberts (Kent) 11-4, 11-9, 11-6 to claim his first BJC title. Broadbridge made the most of his height advantage and dominated the court to secure a convincing victory.

In a high-quality encounter, [1] Reka Kemescei (Sussex) produced a skilful performance to defeat [3/4] Harriet Broadbridge (Hants) and claim the GU11 title. Broadbridge clawed her way back from 7-1 down to 10-6 in the first game and holding game point in the second, but the first seed held on to win 11-6, 13-11, 11-4.

In the BU11, [1] Jake Johnston (Surrey) beat [2] George Griffiths (Hants) 8-11, 11-2, 11-9, 11-5 to win his maiden British title. 

Dunlop British Junior Championships 2019, University of Nottingham, England.

Final Results:

BU19:
[2] Sam Todd (Yorks) bt [3/4] Lewis Anderson (Warks) 11-4, 11-9, 6-11, 11-3

GU19:
[1] Georgia Adderley (Scot) bt. [3/4] Alice Green (Essex) 11-7, 11-8, 7-11, 11-8

BU17:
[1] Denis Gilevskiy (Ire) bt [3/4] Hassan Khalil (Warks) 7-11, 12-10, 11-8, 5-11, 11-9

GU17:
[1]Torrie Malik (Sussex) bt [2] Saran Nghiem (Lancs) 12-10, 8-11, 11-9, 12-10

BU15:
[1] Jonah Bryant (Sussex) bt [2] Abd-Allah Eissa (Warks) 11-6, 11-8, 12-10

GU15:
[1] Asia Harris (Yorks) bt [2] Amelie Haworth (Hants) 9-11, 11-9, 11-3, 11-8

BU13:
[1] Alexander Broadbridge (Hants) bt [3/4] Dylan Roberts (Kent) 11-4, 11-9, 11-6

GU13:
[5/8] Tala Abaza (Middx) bt [1] Charlie McCrone (Lancs) 11-8 11-9 11-3

BU11:
[1] Jake Johnston (Surrey) bt [2] George Griffiths (Hants) 8-11 11-2 11-9 11-5

GU11:
[1] Reka Kemescei (Sussex) bt [3/4] Harriet Broadbridge (Hants) 11-6, 13-11, 11-4 

Pictures by PETER HATTER courtesy of England Squash

World Rugby player of the year Emily Scarratt is in England's squad for the first autumn Test against France.

Darlington Mowden Park Sharks' Heather Kerr and Gloucester-Hartpury Women forward Ellena Perry are included after their impressive starts to the Premier 15s season.

Wasps Ladies' Abby Dow is also included after scoring seven tries in six matches.

The Red Roses play France on Saturday at Stade Marcel Michelin in Clermont.

The return fixture is on 16 November at Exeter's Sandy Park, before their final match against Italy at Goldington Road, Bedford on 23 November.

Detysha Harper, who featured for England's under-20 side in this summer's Tri-Nations Cup, will travel as a non-playing reserve to further her development.

"Outside of New Zealand, France is one of the toughest places to go and play," said head coach Simon Middleton. "It's a massive challenge but it's exactly what we want and we can't wait to get there.

"We play them away again in our opening match at next year's Six Nations so it'll be a good marker of where we are."

England squad

Forwards: Zoe Aldcroft (Gloucester-Hartpury Women), Sarah Beckett (Harlequins Women), Sarah Bern (Bristol Bears Women), Hannah Botterman (Saracens Women), Shaunagh Brown (Harlequins Women), Poppy Cleall (Saracens Women), Lark Davies (Loughborough Lightning), Vicky Fleetwood (Saracens Women), Sarah Hunter (Loughborough Lightning), Heather Kerr (Darlington Mowden Park Sharks), Marlie Packer (Saracens Women), Ellena Perry (Gloucester-Hartpury Women), Abbie Scott (Harlequins Women), Detysha Harper (Loughborough Lightning: non-playing reserve).

Backs: Jess Breach (Harlequins Women), Katy Daley-Mclean (Loughborough Lightning), Abby Dow (Wasps FC Ladies), Zoe Harrison (Saracens Women), Natasha Hunt (Gloucester-Hartpury Women), Sarah McKenna (Saracens Women), Leanne Riley (Harlequins Women), Emily Scarratt (Loughborough Lightning), Emily Scott (Harlequins Women), Lydia Thompson (Worcester Warriors Women).

Transitions of power are not always smooth.

After his party lost the 2010 general election, Labour Treasury minister Liam Byrne left his successors a memorable short note which stated blankly: "No money left."

Before a winter that may bring more political upheaval, Wales' departing head coach Warren Gatland hopes to leave a better inheritance for the heir to his throne, Wayne Pivac.

Gatland's own legacy is assured, thanks to a 12-year reign which has produced four Six Nations titles - including three Grand Slams - two World Cup semi-finals and a first stint as the world's number one-ranked side.

But as he approached his final match in charge - Wales' World Cup bronze match loss to New Zealand - Gatland had already been busy laying foundations for the future.

The New Zealander had built towards this tournament for years, always with one eye on what he was leaving behind.

Planning had been particularly focused during the past 24 months, during which Gatland gave debuts to seven of Wales' starting 15 against the All Blacks in Tokyo.

"I've always been conscious of what is being left behind and there are some young players that, particularly for the future, needed an opportunity to play against the All Blacks in a big game at the World Cup," Gatland said.

"We felt it was important we didn't just think about ourselves, it was looking at the bigger picture - which is what is good for Welsh rugby?"

As the Wales squad flew home on Monday, this was Gatland's passing of the flame before his return to New Zealand to take charge of Waikato Chiefs.

So when Pivac picks up the mantle and begins his new job, what will the former Scarlets coach find in his in-tray?

Nurture the next generation

After bowing out on Friday, Gatland said it would break his heart if Wales returned to the "doldrums" in which he found the team when he took over in 2007.

Thanks to his tenure of sustained success - and commitment to developing young players - a regression of that severity looks unlikely.

Gatland leaves his successor a squad which includes a raft of players who Pivac can expect to be around for the next World Cup in France in 2023.

In the squad of 23 to face New Zealand in Tokyo, Dillon Lewis, Adam Beard, James Davies, Tomos Williams, Josh Adams, Owen Watkin, Owen Lane, Elliot Dee, Rhys Carre, Wyn Jones and Hadleigh Parkes had all made their debuts in the past two years.

Apart from centre Parkes, flanker Davies and prop Jones, every one of those players was 25 years old or younger - and that was by design.

"Warren has given the likes of me and other youngsters a good opportunity," said 21-year-old wing Lane.

"What Warren has done has left the game in Wales in a really good place, and hopefully we can build on that going forward."

A late addition to the squad in Japan following an injury to Josh Navidi, Lane had been with the Wales squad less than a fortnight when he was given his first taste of World Cup action - and only his second cap - against the All Blacks.

It was telling that the Cardiff Blues wing was called up in the first place, with Gatland overlooking the 58-cap centre Scott Williams, who some may have considered the logical cover for Wales' injury-hit midfield.

Although Gatland is a great admirer of Williams, he was also mindful that, at 29 and having struggled with several injuries of his own in recent seasons, the Ospreys player may not represent the same long-term potential as Lane.

The wing will have learned a huge amount from the 40-17 defeat by the All Blacks, particularly as his opposite number Ben Smith produced a vintage display to score two tries in his final international appearance.

The same is true for the likes of props Carre and Lewis, among others, and Pivac will be looking to further their development when he begins his reign with a match against a Barbarian team coached by Gatland in Cardiff later this month, and then for real with the Six Nations in February.

Manage the senior figures

Gatland will be a tough act to follow for Pivac, particularly in the Six Nations.

As the Welsh public has grown used to success in the competition over the past 12 years, expectations have increased enormously.

Pivac will need time to implement his own playing philosophy but, with that aforementioned Barbarians fixture his only game before the Six Nations, he may not have as much time as he might like.

With all that in mind, and with Wales as defending Grand Slam champions, Pivac will be eager to carry the momentum of the team's stellar 2019 into his first campaign.

Doing that will need continuity, not only among the younger players earmarked for the 2023 World Cup, but with the squad's senior figures who may not be setting their sights quite so far into the future.

Captain Alun Wyn Jones is as influential as ever and, as his World Rugby Player of the Year nomination demonstrates, he is still a world-class player at 34 years old.

Wales' record cap holder is contracted to the Welsh Rugby Union and the Ospreys until 2021 and, with a British and Irish Lions tour to South Africa that summer, Pivac would hope to have his skipper available for at least the next year-and-a-half.

Jones has alluded to the fact he may have played in his last World Cup, while Gatland suggested as many as nine or 10 of the 31-man Wales squad in Japan might have done so.

Hooker Ken Owens is 32, as is Parkes, while his centre partner Jonathan Davies is 31 and fly-half Dan Biggar turned 30 last month.

Even if another World Cup might be beyond some of them, there is no doubt they are all capable of excelling at Test level for the foreseeable future.

Passing on experience

So Pivac will look to them as leaders, hoping they can share their experience and knowledge with the younger members of the squad.

As Gatland said, Wales' smaller pool of players compared to many of their rivals means they have to "wring the sponge as dry as you possibly can" to compete.

The 56-year-old certainly did that over the course of his tenure and, fortunately for Pivac, there is still plenty to squeeze out of the squad he has inherited.

"We can look back and be very proud on what we've done, some of the things we've achieved, and the state we're leaving the squad in now," said forwards coach Robin McBryde, who is also departing after 12 years by Gatland's side.

"They're not coming to the end of their careers - a lot of them are just starting their careers and that can only be exciting."

Get the better of Gatland

A successful coach in his own right, Pivac will undoubtedly want to impose himself and his own ideas on his new team.

But given the achievements and sheer length of Gatland's tenure, his spectre is bound to loom large over Wales for some time.

And for Pivac's first game at the helm, Gatland will be unavoidable - because he will be in charge of the opposition.

Barbarians fixtures tend to be carnivalesque in the way they subvert the modern game's dominance of structure, the invitational team committing instead to a kind of entertaining chaos, harking back to the carefree rugby of the amateur era.

That approach is at odds with the pragmatic style which brought Gatland his success with Wales, but he is looking forward to turning the tables, both in terms of his own playing ethos as Barbarians head coach and by trying to plot Wales' downfall for once.

"I'm really looking forward to that game," he said.

"From my point of view, it's just about being able to go out there and throw a couple of moves that they wouldn't have expected.

"We want to be positive in the way that both teams play. The Barbarians will throw the ball around.

"Hopefully it gives me a chance to say thank you to the Welsh public and the fans, my sincere thanks in terms of how much I've enjoyed the last 12 years."

PLANO, Texas – Monster Energy NASCAR Cup Series star Kyle Busch will join AIM Vasser Sullivan to compete in the annual running of the Rolex 24 at Daytona Int’l Speedway on Jan. 25-26.

Busch will make his IMSA WeatherTech SportsCar Championship and Rolex 24 debut when he co-drives an AIM Vasser Sullivan Lexus RC F GT3 in the GT Daytona class. Busch’s Rolex 24 debut was announced at the annual Motorsports Day event for Toyota and Lexus team members held at the Toyota Motor North America headquarters in Plano, Texas.

“I’d like to thank everyone at Lexus Motorsports, AIM Vasser Sullivan and Toyota for this opportunity,” said Busch. “To have the chance to run in such an iconic race as the Rolex 24 is certainly something I’ve thought about and wanted to do. My partnership with Toyota and the history we’ve had together has been incredible. I would love to continue that history and maybe get my own Daytona Rolex to add to my trophy collection.”

“We’re thrilled to have a racer of Kyle’s caliber join AIM Vasser Sullivan to open our 2020 season at the Rolex 24 at Daytona,” said Jimmy Vasser, co-owner of AIM Vasser Sullivan. “Kyle has proven he can compete and win in many forms of motorsports and we look forward to having him drive the Lexus RC F GT3 at Daytona.”

Busch won the first NASCAR Cup Series driver’s championship for Toyota in 2015 and is the winningest driver in Toyota history, with 186 victories across all three NASCAR national series.

Overall, he’s earned 207 career NASCAR wins combined and has scored 55 NASCAR Cup Series victories. Busch holds the NASCAR record for the most wins in both the Xfinity Series (96) and the NASCAR Gander Outdoors Truck Series (56). He’s currently in the hunt for his second Cup Series championship with two races remaining in the 2019 season after having made the NASCAR Championship 4 the past four years.

“Kyle has been a fixture in our Toyota family for over a decade and is the winningest driver in the Toyota NASCAR program. He has accomplished so many firsts for Toyota throughout his tenure and we couldn’t be happier to have him join AIM Vasser Sullivan and drive the Lexus RC F GT3 in a world class event like the Rolex 24 at Daytona,” said Lisa Materazzo, vice president marketing, Lexus Division.

Busch will participate in the 2020 Roar Before the Rolex 24 at Daytona Int’l Speedway on Jan. 3-5 to prepare for the 2020 Rolex 24.

AUSTIN, Texas – Officials from the Alfa Romeo Formula One team have announced that Antonio Giovinazzi will return to the team for the 2020 season.

The 25-year-old Italian is in his first season in Formula One as a teammate to veteran Kimi Raikkonen. He has scored four championship points this season as a rookie.

“I am very happy to be staying with the team for 2020,” said Giovinazzi. “I am grateful for the incredible level of support I received in my first full season in Formula One: everyone in the team has stuck by my side since I joined and I am really looking forward to continuing our journey together. We learned a lot this year and I am confident we can make a big step forward next season. I won’t be a rookie anymore so there won’t be any excuses for me: I want to be competitive right from the start of the championship and repay the confidence the team has shown in me.”

“Antonio has done really well this year and I am extremely pleased to be able to confirm he will stay with Alfa Romeo Racing for 2020,” said Frédéric Vasseur, team principal of Alfa Romeo Racing and CEO of Sauber Motorsport AG. “The way he has integrated into the team and has consistently improved throughout his first full season in the sport are very promising and we cannot wait to unlock his full potential as we continue to work together. Antonio has emerged as a very quick driver, even alongside as tough a benchmark as Kimi, and we expect him to develop even further as his experience grows. His technical feedback, work ethics and positive approach will help us continue to push our team forward, and so will the consistency of an unchanged line-up for next season.”

MOORESVILLE, N.C. — Young’s Motorsports announced Monday that Colby Howard will join the organization as a driver in the NASCAR Gander Outdoors Truck Series.

The 18-year-old Howard signed a two-race contract with the team and will pilot the No. 20 Project HOPE Foundation Chevrolet Silverado beginning with Lucas Oil 150 at ISM Raceway on Nov. 8.

“It is the biggest break of my racing career,” Howard said. “I am very excited to have the opportunity to make my debut with Young’s Motorsports.”

Howard will make his NASCAR Gander Outdoors Truck Series debut at the ISM Raceway, located in Avondale, Ariz., and is also scheduled to compete at Homestead-Mimi (Fla.) Speedway on Nov. 15.

The Simpsonville, S.C.,-native is currently running in the Show Me the Money Series Pro Late Models, where he has earned three wins, four top-five and four top-10 finishes in five starts this season. At the historic Five Flags Speedway in Pensacola, Fla., Howard captured one victory in the Allen Turner Pro Late Model Series.  In addition, he made one start in the JEGS/CRA All-Stars Tour presented by Chevrolet Performance.

He has 46 career starts in the NASCAR Whelen All-American Series with four victories, 20 top-five and 39 top-10 finishes at the NASCAR Home Tracks of Myrtle Beach (S.C.) Speedway and Greenville-Pickens (S.C.) Speedway. Howard has also made one start in the CARS Late Model Stock Tour.

Howard has four starts in the ARCA Menards Series, finishing in the top-10 each time.

“We are excited to see Howard develop his stock car skills with Young’s Motorsports,” team principal Tyler Young said.

Anton Hulman Jr. is, perhaps, the most important figure in the 100-plus-year history of the Indianapolis Motor Speedway.

Hulman purchased the track in 1945, saved it from certain destruction and elevated its stature well beyond anything the original founding fathers could have imagined.

It was under Hulman’s leadership that the speedway and its cornerstone event, the Indianapolis 500, gained national and international acclaim, while achieving an iconic status that exceeded the boundaries of both auto racing and sports.

Hulman was born to a wealthy family in Terre Haute, Ind., on Feb. 11, 1901. His was not an automatic access to the family fortune, however. After he graduated from Yale in 1924, where he starred in track and football, Hulman was expected to prove himself in the family business.

Given charge of the Clabber Girl Baking Powder Co., one of many Hulman family holdings, Hulman’s task was to revive the brand’s sagging profits. He developed a 10-year plan, sent a squad of salesmen across the country and made Clabber Girl the top-selling baking powder in the nation.

Hulman’s business savvy proved such that at age 30 he had complete control of all Hulman and Co. businesses. When he took on the speedway, the challenge required all of his accumulated business acumen.

Hulman’s purchase of the speedway happened because of the persistence of three-time Indianapolis 500 winner Wilbur Shaw. Conducting secret Firestone tire tests during the winter of 1944, Shaw was appalled at the condition of the speedway. Since racing was shut down during World War II, the grounds had become overrun with weeds, brush and trees. The wooden grandstands were falling down.

The part of Gasoline Alley damaged by fire before the 1941 500 had not been repaired. The vegetation grew so thick between the famed bricks that it had to be cleared for Shaw to safely run his race car.

Immediately following the test, Shaw flew to New York and met with track owner, former racer and World War I flying ace Eddie Rickenbacker. Rickenbacker’s intentions were to ready the track for the 1946 500. However, he preferred to get out from under it and concentrate his resources on his latest venture, Eastern Airlines.

Shaw originally considered buying the speedway himself and began seeking investors. Many were interested, but Shaw realized that most wanted the speedway for their own personal agendas and there was little concern about continuing the 500.

Shaw had reached the point of despair about the future of his beloved track when investment broker Homer Cochran introduced Shaw to Tony Hulman.

Hulman had attended the 500 regularly since his first trip there in 1914 as a child and shared Shaw’s passion for the speedway, the 500 and their unique place in Indiana culture.

Ironically, Hulman had also received inquiries from Churchill Downs, home of the Kentucky Derby, regarding purchasing that facility. Hulman wasn’t interested. However, the more he talked with Shaw, the more convinced he became that he could preserve the speedway.

On Nov. 14, 1945, Rickenbacker flew from New York and met with Hulman at the Athletic Club in downtown Indianapolis. Hulman purchased the Indianapolis Motor Speedway for between $700,000 and $750,000.

The shy, unassuming Hulman, desiring anonymity, named Shaw president and general manager, while proclaiming himself chairman of the board.

To continue reading, turn to the next page.

INDIANAPOLIS — Roger Penske already figuratively owned Indianapolis Motor Speedway thanks to his 18 victories in the Indianapolis 500, but now he’ll literally own the legendary race track.

The Board of Directors of Hulman & Company announced Monday that it has entered into an agreement to be acquired by the Roger Penske-owned Penske Corp., a global transportation, automotive and motorsports leader.

Penske Entertainment Corp., a subsidiary of Penske Corporation, will acquire all Hulman & Company principal operating assets, including the Indianapolis Motor Speedway, the NTT IndyCar Series and IMS Productions.

The transaction will close following receipt of applicable government approvals and other standard conditions.

The acquisition by the Penske organization will carry the future of the legendary IMS facility and the IndyCar Series forward for the next generation of racing fans.

It was the vision of Carl Fisher to build the Indianapolis Motor Speedway in 1909 and the track hosted its first races later that year. Eddie Rickenbacker later purchased the Speedway in 1927 before selling it to Tony Hulman and Hulman & Company in 1945.

IMS has been the host of the world’s largest single-day sporting event – the Indianapolis 500 Mile Race – for more than 100 years. The iconic venue has also hosted NASCAR, Formula One and other racing series events throughout its storied history.

What eventually became known as the NTT IndyCar Series began as the Indy Racing League in 1994, with the series officially hosting its first racing event in 1996.

The NTT IndyCar Series continues to be the premier open-wheel racing series in North America and is one of the most competitive championships in the world.

IMS Productions is a leading video services and production company.

“We recently approached Roger Penske and Penske Corporation about this opportunity and began working to put an agreement in place,” said Tony George, Chairman of Hulman & Company. “The Indianapolis Motor Speedway has been the centerpiece and the cathedral of motorsports since 1909 and the Hulman-George family has proudly served as the steward of this great institution for more than 70 years. Now, we are honored to pass the torch to Roger Penske and Penske Corporation, as they become just the fourth owner of the iconic Speedway.

“There is no one more capable and qualified than Roger and his organization to lead the sport of Indy car racing and the Indianapolis Motor Speedway into the future.”

Penske, who fields multiple teams in the NTT IndyCar Series including that of 2019 champion Josef Newgarden and 2019 Indianapolis 500 winner Simon Pagenaud, is the chairman of Penske Corp.

Penske Corp. has a rich history of managing major motorsports properties, beginning with the acquisition of Michigan Int’l Speedway in 1973.

Over the course of its history, Penske and its subsidiaries have also operated the Grand Prix of Cleveland, Nazareth Speedway and California Speedway, along with investments in North Carolina Motor Speedway and Homestead-Miami Speedway.

Penske Corp. currently promotes and operates the Detroit Grand Prix, hosted annually at the Belle Isle Park street circuit.

“My passion for racing began at the Indianapolis Motor Speedway in 1951 when I attended the Indianapolis 500 with my father,” said Penske, whose race team celebrated its 50th anniversary of first competing at IMS this year. “We have so much respect and appreciation for the history and tradition of the Speedway and the sport of IndyCar racing. I want to thank Hulman & Company for the opportunity to build on this legacy and it will be an honor for Penske Corporation to help lead these great institutions forward into a new era.”

“The Indianapolis Motor Speedway, the Indianapolis 500 Mile Race and the NTT IndyCar Series have enjoyed considerable growth over the past decade, with significant increases in television, digital and social media audiences combined with record attendance at many of our race venues,” added Mark Miles, President and CEO of Hulman & Company. “With their track record of business success, their venue, operation and event experience and their passion for motorsports, Roger Penske and Penske Corporation will help us take the IndyCar Series, the Indianapolis Motor Speedway and all of our properties to new heights. Everyone on our team looks forward to working with them to capitalize on the momentum that the Series and the Speedway have achieved.”

Hulman & Company’s financial adviser was Allen & Company LLC, and its counsel was Ice Miller LLP for this transaction.