Sports team ownership changes
FILE - In this Jan. 30, 2011, file photo, car owners Felix Sabates, left, and Chip Ganassi hold a guitar trophy after winning the Grand Am Rolex 24 hour auto race at Daytona International Speedway in Daytona Beach, Fla. Felix Sabates is leaving NASCAR after 30 years as a team owner. His record shows 50 Cup wins, including victories at the crown jewels Daytona 500, Brickyard 400 and NASCAR's All-Star race. He also coaxed Ganassi into sports car racing and the IMSA teams won 64 races and seven series championships. (AP Photo/John Raoux, File)
AP Exclusive: Felix Sabates to retire from NASCAR ownership

Jenna Fryer Dec. 12, 2019 11:18 AM EST

Penske Corporation Chairman Rodger Penske, left, and Hulman & Co. Chairman Tony Hulman George speak after a press conference at Indianapolis Motor Speedway in Indianapolis, Monday, Nov. 4, 2019. 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. (AP Photo/AJ Mast)
Penske jumped at chance to protect iconic Indianapolis track

By Jenna Fryer Nov. 05, 2019 03:58 PM EST

This photo provided by IndyCar shows team owner George Steinbrenner IV hugging a Honda Performance Development employee after driver Colton Herta won the IndyCar Classic auto race in Austin, Texas on Sunday, March 24, 2019. Instead of trying to be "the next George Steinbrenner," George Steinbrenner IV is trying to be "the next Roger Penske." He's 22 and just became the youngest team owner to win a race in IndyCar. (Joe Skibinski/IndyCar via AP)
Steinbrenner IV veers left away from baseball into IndyCar

By Jenna Fryer Mar. 27, 2019 05:50 PM EDT