Long Beach
The Grand Prix Association of Long Beach produces the iconic Grand Prix of Long Beach, an annual IndyCar street race held since 1975 that draws roughly 200,000 attendees and generates about $100 million in regional economic impact, now owned by Penske Entertainment following its November 2024 acquisition.
- Company typePrivate
- Founded1982
- HeadquartersLong Beach, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Long Beach does
The entity with the most substantive operational data is the Grand Prix Association of Long Beach, the organization that produces the Grand Prix of Long Beach — an iconic annual motorsports street race held since 1975 on public city streets in Long Beach, California. The event draws approximately 200,000 attendees per year and generates roughly $100 million in annual economic impact for Southern California. The association is led by President and CEO Jim Michaelian (for 25 years) and operates under the governance of a partnership ecosystem including its long-time owner Gerald R. Forsythe until November 2024, when Penske Entertainment acquired the race, embedding it within the broader IndyCar/Penske motorsports portfolio. Jim Liaw has been designated as Michaelian's successor following Michaelian's death in March 2025.
The underlying business model centers on operating a single flagship annual event: revenue is generated through ticketing, corporate hospitality, sponsorships, vendor concessions, and broadcast-related rights negotiated as part of the IndyCar series under Penske ownership. The association's customer base comprises race attendees, corporate sponsors, municipal partners, and series stakeholders (IndyCar, Penske Entertainment). Its competitive position rests on the event's nearly five-decade brand legacy, its unique urban street-circuit format, and deep municipal integration.
Note on data ambiguity: the firmographics block describes "Long Beach" as a Singapore-based live-seafood restaurant founded in 1982 (longbeachseafood.com.sg), while the remainder of the input data describes the Grand Prix Association and the City of Long Beach municipal government. The analytical outputs above are grounded in the Grand Prix Association data, which contains the bulk of the verifiable business, leadership, and strategic signals. The restaurant entity has no substantive corporate profile data available beyond its name, founding year, and product description.
Long Beach firmographics
Firmographics- Name
- Long Beach
- Website
- https://longbeachseafood.com.sg
- Company type
- Private
- Founded year
- 1982
- Headcount range
- 11–50 employees
- Short description
- The Grand Prix Association of Long Beach produces the iconic Grand Prix of Long Beach, an annual IndyCar street race held since 1975 that draws roughly 200,000 attendees and generates about $100 million in regional economic impact, now owned by Penske Entertainment following its November 2024 acquisition.
- Ownership category
- akta.pro rank
Long Beach industry classification
Industry- Product category
- Seafood Restaurant
- NAICS
- Fish and Seafood Retailers (44525)
- SIC
- Prepared Fresh Or Frozen Fish & Seafoods (2092)
- akta.pro primary industry
- Steakhouses & Seafood Restaurants (THAFACAE)
- akta.pro secondary industry
- Seafood Markets & Fishmongers (CRAHAHAC)
Keywords
Where Long Beach is headquartered
LocationHeadquarters
- HQ city
- Long Beach
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Long Beach business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations
Long Beach product offering
Product offeringCore offering
Long Beach is a restaurant that specializes in live seafood, including air-flown live Alaskan king crab, razor clam, and abalone conch. The business operates as a traditional dine-in restaurant founded in 1982, serving consumers fresh, premium seafood dishes prepared from live, freshly sourced ingredients.
Differentiator
Problem solved
Functional benefit
Products and services
- Long Beach Live Seafood Restaurant
- Air-flown Live Alaskan King Crab
- Live Razor Clam, Abalone and Conch Specialties
Companies that use Long Beach
Customer profileIdeal customer profiles1 record
Long Beach technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Long Beach partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights3 records
Long Beach competitors and assessment
Company assessmentDirect peers
- Jumbo Seafood: Singapore-headquartered seafood restaurant chain famous for chili crab and live seafood tanks. Most directly comparable competitor to Long Beach Seafood in terms of menu, customer base, and live-seafood presentation model.
- No Signboard Seafood: Singapore-listed heritage seafood restaurant specializing in crab and shellfish. Competes head-to-head with Long Beach Seafood in the premium live-seafood segment and has a similar multi-decade operating history.
- Tung Lok Group: Established Singapore restaurant group operating multiple Chinese seafood and fine-dining concepts. Direct overlap with Long Beach Seafood on banquet-style Chinese seafood dining for both retail and corporate clients.
- Paradise Group: Singapore-based F&B group with seafood-focused brands including Paradise Seafood. Overlaps directly with Long Beach Seafood on Chinese seafood dining occasions and mid-to-upper price points.
- The Dancing Crab: Singapore casual seafood chain focused on shellfish and crab dishes with a casual-Cajun influence. Comparable to Long Beach Seafood on customer occasions (group seafood dining) though positioned slightly more casual.
- Red House Seafood: Singapore seafood restaurant with heritage positioning and live-seafood preparations. Targets similar family and corporate dining occasions with comparable price point and menu focus.
Broad incumbents
- Crystal Jade: Large Singapore-based Chinese restaurant group spanning seafood, dim sum, and fine dining. Operates overlapping seafood menu items and banquet venues, but is a broader multi-brand platform rather than a seafood specialist.
Regional players
- Kampong Glam Seafood: Independent Singapore seafood operators specializing in zi char and live seafood. Comparable in terms of live-tank seafood model, though smaller in scale and more regionally concentrated.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
Long Beach social profiles
Digital presenceLong Beach financial estimates
Financial estimateRevenue estimate
Valuation estimate
Long Beach leadership team
Management profileNumber of profiles
Long Beach funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Long Beach M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Long Beach
What does Long Beach do?
Long Beach is a restaurant that specializes in live seafood, including air-flown live Alaskan king crab, razor clam, and abalone conch. The business operates as a traditional dine-in restaurant founded in 1982, serving consumers fresh, premium seafood dishes prepared from live, freshly sourced ingredients.
When was Long Beach founded?
Long Beach was founded in 1982. It employs 11 to 50 people.
Where is Long Beach based?
Long Beach is headquartered in Long Beach, United States, in the North America region.
Who are Long Beach's main competitors?
Direct peers on record are Jumbo Seafood, No Signboard Seafood, Tung Lok Group, Paradise Group, The Dancing Crab and Red House Seafood. Crystal Jade is listed as a broad incumbent. Kampong Glam Seafood is listed as a regional player.
Does Long Beach have an API?
No public API is recorded for Long Beach.
What industry is Long Beach in?
Long Beach's product category is Seafood Restaurant. Its primary akta.pro industry code is THAFACAE, Steakhouses & Seafood Restaurants, with a secondary code of CRAHAHAC, Seafood Markets & Fishmongers. Its NAICS code is 44525 and its SIC code is 2092.