The Indianapolis 500 was postponed Thursday until August because of the coronavirus pandemic and won’t run on Memorial Day weekend for the first time since 1946.

The race will instead be held Aug. 23, three months later than its May 24 scheduled date.

“The month of May at the Indianapolis Motor Speedway is my favorite time of year, and like our fans, I am disappointed that we have had to reschedule the Indianapolis 500,” said Roger Penske, the motorsports titan who finalized his purchase of IndyCar and Indianapolis Motor Speedway earlier this year.

“However, the health and safety of our event participants and spectators is our top priority, and we believe that postponing the event is the responsible decision with the conditions and restrictions we are facing,” he said. “We will continue to focus on ways we can enhance the customer experience in the months ahead, and I’m confident we will welcome fans with a transformed facility and a global spectacle when we run the world’s greatest race.”

The Indianapolis 500 began in 1911 but did not run in 1917, 1918 and from 1941-45 because of World Wars I and II. Tony Hulman bought the neglected speedway after the second war, and the Indy 500 returned on Memorial Day weekend in 1946.

It has been scheduled for that weekend every year since, a familiar fixture for untold millions of fans over the years.

Postponing the Indy 500 was an inevitable decision but still had to be difficult for Penske, who has already pumped millions into capital improvements to ready the historic speedway for its first 500 under new ownership.

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“It’s a shame Roger has to go through this in his first year of owning Indianapolis Motor Speedway, but you couldn’t have a better man in charge,” said A.J. Foyt, a four-time Indy 500 winner and team owner. “It will still be the Indy 500. I never thought we’d see it like this, but all of the sports field has been affected. I’m just glad that we will be able to race.”

Penske Entertainment Corp. President and CEO Mark Miles said the series chose the August date to get away from extended delays caused by the coronavirus shutdown. The series did not choose Labor Day weekend out of fear of disrupting fans’ traditional plans.

The Indy 500 honors the military before the race, and Miles said the August date gives the speedway “a unique and powerful opportunity to honor the contributions and heroism of the doctors, nurses, first responders and National Guard members serving on the front lines of the fight against COVID-19.”

Miles also thanked NBC, which took over broadcasting the marquee race just last year from ABC. NBC is already scrambling after this week’s postponement of the Tokyo Olympics to 2021; the games had been scheduled to open July 24 and run for nearly three weeks.

Penske had been eagerly anticipating the March 15 start of the IndyCar season, but was forced to suspend the series 48 hours before the scheduled opener in St. Petersburg, Fla., when the coronavirus was declared a pandemic.

Four races were initially scrapped and IndyCar said it would resume racing May 9 on the road course at Indy. The opening race is now listed as May 30 at Detroit, but the schedule is in flux.

Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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