Roger Penske already owned Indy!

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Roger Penske, motorsport's consummate racer and wheeler and dealer, added a couple of impressive assets to his empire yesterday.

The 82-year-old self-made billionaire is now the proud owner of the Indianapolis Motor Speedway, perhaps motor racing's most venerable institution.

However, the truth is that 'The Captain' already owned Indy, thanks to Team Penske's record 18 wins at the Brickyard, the first of which it enjoyed in 1973 with Mark Donohue.

There will be more "Baby Borgs" lined up on Penske's desk in the future.

Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.