<ARTICLE> 5
<LEGEND>
THIS SCHELE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
ACCOMPANYING CONDENSED CONSOLIDATED BALANCE SHEET OF PENSKE MOTORSPORT, INC. AS
OF SEPTEMBER 30, 1998 AND THE RELATED CONSENSED CONSOLIDATED STATEMENT OF
INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS 
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                             567
<SECURITIES>                                         0
<RECEIVABLES>                                    6,404
<ALLOWANCES>                                         0
<INVENTORY>                                      2,556
<CURRENT-ASSETS>                                11,404
<PP&E>                                         273,540
<DEPRECIATION>                                  29,058
<TOTAL-ASSETS>                                 309,838
<CURRENT-LIABILITIES>                           25,845
<BONDS>                                         65,450
<PREFERRED-MANDATORY>                              142
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     198,105
<TOTAL-LIABILITY-AND-EQUITY>                   309,838
<SALES>                                         20,116
<TOTAL-REVENUES>                                91,442
<CGS>                                           12,257
<TOTAL-COSTS>                                   67,529
<OTHER-EXPENSES>                                   463
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               2,486
<INCOME-PRETAX>                                 20,964
<INCOME-TAX>                                     8,210
<INCOME-CONTINUING>                             12,754
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    12,754
<EPS-PRIMARY>                                      .90
<EPS-DILUTED>                                      .90