Toyota Tops NASCAR Cup Series with 2019 Manufacturer’s Championship

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AVONDALE, ARIZONA – NOVEMBER 10: Martin Truex Jr., driver of the #19 Bass Pro Shops Toyota, races during the Monster Energy NASCAR Cup Series Bluegreen Vacations 500 at ISM Raceway on November 10, 2019, in Avondale, Arizona. Photo by Jared C. Tilton/Getty Images

Camry Drivers Win Record 18 Times During 2019 Season

AVONDALE, Arizona (November 10, 2019) – Camry drivers continue a record season for Toyota, leading the manufacturer to its third Monster Energy NASCAR Cup Series (MENCS) manufacturer’s championship at Arizona’s ISM Raceway on Sunday, one event ahead of the season finale. Joe Gibbs Racing drivers set a single-season wins record for Toyota, visiting victory lane 18 times to propel Toyota to its third manufacturer’s title in four years.

“This title would not be possible without the talented drivers, dedicated race teams and support of our team members at Toyota and Toyota Racing Development (TRD, U.S.A),” said Vinay Shahani, vice president of Integrated Marketing Operations for Toyota Motor North America (TMNA). “Eighteen victories is an incredible feat to accomplish in one of the most competitive motorsports series in America. The manufacturer’s championship is something incredibly meaningful to everyone at Toyota and TRD, we’re certainly honored to capture our third in the series.”

Camry drivers combined to win 18 races and led 3,974 laps in the MENCS in 2019. With one race remaining, three Toyota drivers, Martin Truex Jr., Denny Hamlin, and Kyle Busch, will head to the season finale as part of the Championship 4.

Toyota’s milestone season was led by a series-leading seven victories by Truex. Hamlin collected Toyota’s second Daytona 500 title in February en route to his six wins this year while Busch (four victories) and Erik Jones (one) also took home the checkered flag in 2019.

Since joining MENCS competition in 2007, Toyota has won 142 races and captured 124 poles in 467 races. Toyota also claimed the MENCS manufacturer championships in 2016 (16 wins) and 2017 (16 wins).

Statement: Richard Petty Motorsports

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FORT WORTH, TEXAS – NOVEMBER 02: Bubba Wallace, driver of the #43 Covert Auto Group Chevrolet, walks on the grid during the Salute to Veterans Qualifying Day Fueled by The Texas Lottery for the Monster Energy NASCAR Cup Series AAA Texas 500 at Texas Motor Speedway on November 02, 2019 in Fort Worth, Texas. Photo by Sean Gardner/Getty Images

“Our team met with NASCAR officials this morning to discuss Darrell ‘Bubba’ Wallace Jr.’s post-practice comments on Friday, November 8, concerning an on-track incident which occurred at the Texas Motor Speedway,” Philippe Lopez, Richard Petty Motorsports director of competition, said. “We fully understand NASCAR’s position and expectations of its competitors. NASCAR has a difficult job officiating race events and we do not need to make the task more challenging. Wallace will not appeal the penalty, and will direct his immediate focus to this weekend’s event at the ISM Raceway.”

Penske Corporation to Purchase Hulman & Company

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Acquisition to include the Indianapolis Motor Speedway, the NTT IndyCar Series, and IMS Productions

Indianapolis, IN. (November 4, 2019) – The Board of Directors of Hulman & Company announced today that it has entered into an agreement to be acquired by Penske Corporation, 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 Speedway 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 (IMS) 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. 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 IndyCar racing and the Indianapolis Motor Speedway into the future.”

Penske Corporation has a rich history of managing major motorsports properties, beginning with the acquisition of Michigan International 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 Corporation 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 Roger 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,” said 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.”

IMS Press Release