Penske Entertainment has sold a one-third interest in the company to FOX. The deal is described as a strategic investment to ...

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

With a new 33% stake in Penske Entertainment, Fox can help take IndyCar to heights Roger Penske was unable to.

We’re thrilled to join the IndyCar ownership group at such a pivotal time for the sport,” said Eric Shanks, CEO & Executive ...

The bygone Tony Hulman family era of the Indianapolis Motor Speedway and its racing series look even more distant now. On Thursday, IndyCar and IMS announced that Fox Corporation — the parent company ...

IndyCar team owners say Fox Corporations' purchase of a stake in IndyCar's parent company could mean more venues and fan ...

For decades, FOX has been synonymous with NASCAR. The post FOX CEO Confirms IndyCar Ambitions Go Beyond Broadcast as Roger Penske’s $130M Deal Turns Heads appeared first on EssentiallySports.

IndyCar TV partner Fox is buying a stake in Penske Entertainment, which own the series, as well as IMS and IMS Productions.