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FOX buys $125m stake in IndyCar

Associated Press News on MSN · 2d

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

Penske Entertainment, the Roger Penske-owned entity that holds Indianapolis Motor Speedway and IndyCar among its assets, said Thursday it has sold one-third interest in the company to Fox. The sale was described as a strategic investment and partnership designed to launch new growth for IndyCar and it includes a multi-year contract extension for

USA TODAY · 1d

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 Hollywood Reporter on MSN · 2d

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 extending its media rights deal.

"Dream come true": When billionaire Roger Penske got emotional after buying IndyCar in a full-circle moment

Roger Penske made the most meaningful business deal of his life in the fall of 2019. The billionaire acquired Hulman & ...

Why Fox's buy-in is exactly what IndyCar needed

Roger Penske was adamant for years that he was not interested in selling any part of Penske Entertainment. But now he has, ...

1d

Want To Invest In IndyCar Racing? There's A Stock For That

Penske is selling a one-third stake of IndyCar and the iconic Indianapolis Motor Speedway. Here's the media company investors ...

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