Cindric takes step back, still president at Penske

Tim Cindric, president of Team Penske and Roger Penske’s longtime right-hand man on competition, will step back as the overall leader of the organization but remain president of the IndyCar program.

NASCAR’s Johnson becomes majority team owner

Seven-time NASCAR champion Jimmie Johnson has become the majority owner of Legacy Motor Club, which was a rebuild of Petty Enterprises, one of NASCAR’s oldest and winningest race teams.