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FOX buys $125m stake in IndyCar

Roger Penske sells a third of Indianapolis Motor Speedway and IndyCar to Fox

Penske Entertainment has sold a one-third interest in the company to Fox. The deal is described as a strategic investment to boost IndyCar's growth.

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.

The Wall Street Journal on MSN · 3d

Fox Takes Stake in IndyCar Owner Penske Entertainment

Fox Corp. has acquired one-third of Penske Entertainment, owner of auto racing’s IndyCar Series and Indianapolis Motor Speedway, the companies said Thursday. Terms of the deal weren’t disclosed, but people familiar with the transaction valued Fox’s investment at between $125 million and $135 million.

95.3 MNC1h

Fox Corp. acquires one-third interest in Penske Entertainment

Fox Corp. has acquired a one-third interest in Penske Entertainment, which owns the Indianapolis Motor Speedway and the NTT ...

2don MSN

Fox Buys Major Stake in Penske Entertainment, Extending Indycar Rights Deal

The media company will acquire one third of the company, which owns Indycar and the Indianapolis Motor Speedway, while ...

Sportskeeda16d

When Roger Penske shared his pride in managing “tough situation” with IndyCar

While IndyCar and NASCAR have proved to be his most successful ventures, the former series has one big catch attached to it. Penske owns the IndyCar championship, and, in the past five years, he has ...

3don MSN

Roger Penske Sells One-Third of IndyCar, Indianapolis Motor Speedway to FOX

FOX Corporation is going all-in on the NTT IndyCar Series and the Indianapolis Motor Speedway. Today, Penske Entertainment ...

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