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News

FOX buys $125m stake in IndyCar

Sports Business Journal · 2d
Fox buying stake in Penske Entertainment; will extend IndyCar media rights deal
Fox has acquired one-third of Penske Entertainment, which owns the IndyCar Series and Indianapolis Motor Speedway.
USA TODAY · 2d
Bringing 'entertainment' to Penske Entertainment: How Fox's new minority stake pushes IndyCar forward
With a new 33% stake in Penske Entertainment, Fox can help take IndyCar to heights Roger Penske was unable to.
Bloomberg · 2d
Fox Buys One-Third Stake in IndyCar Series-Owner Penske
Fox Corp. acquired a one-third interest in Penske Entertainment, the owner of the IndyCar Series and Indianapolis Motor Speedway, the companies said Thursday. The deal also included a multi-year extension of IndyCar’s media rights with Fox Sports.
RACER
1d
IndyCar team owners delighted by Fox purchase of ownership share
The news of Fox Corporation’s purchase of a 33-percent stake in Penske Entertainment was warmly received in all corners of ...
Sportskeeda
1d
Insider claims FOX’s ‘wickedly smart’ decision to buy a stake in Roger Penske’s IndyCar was a strategic power play, not just a partnership
Speed Freak's (Motorsport Radio/TV) Crash Gladys has deemed FOX's decision to buy a stake in IndyCar as 'wickedly smart.' ...

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