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News

Fox acquires 1/3 interest in Penske Entertainment

95.3 MNC · 15m
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 IndyCar open-wheel racing series. The deal includes a multiyear extension of Fox Sports’ media rights for IndyCar.
Deadline on MSN · 2d
Fox Acquires One-Third Stake In Penske Entertainment, Owner Of Indycar Series
Fox has purchased a one-third interest in Penske Entertainment inclusive of Indycar and the iconic Indianapolis Motor Speedway.
Variety on MSN · 3d
Fox Corp. Extends IndyCar Media Rights, Acquires 33% Stake in Penske Entertainment
Fox Corp. acquired a one-third interest in Penske Entertainment, which owns the Indianapolis Motor Speedway and the NTT IndyCar series.
swoknews.com
11h

Penske sells part ownership of Indianapolis Motor Speedway

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. It includes a multi-year contract extension ...
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 ...

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