Penske Sells Stake in IndyCar, Indianapolis Motor Speedway to Fox Sports
A monumental shift is underway in the world of motorsports, as Penske Entertainment announced the sale of a one-third interest in the company to Fox, signaling a…
Fox’s IndyCar Investment: A Game-Changer for Racing’s Future
Roger Penske’s long-held stance against divesting any portion of Penske Entertainment has dramatically shifted, with Fox Corporation acquiring a significant one-third stake. This landmark sports business move,…
Sports Brief: MLB Trades, College NIL Shakeup, Swimming Records & More
The global sports news landscape is currently abuzz with a myriad of significant developments, ranging from high-stakes professional leagues to collegiate athletic policy shifts and international competitive…
MLB Trades, NIL Shifts & Sports Updates: Deadline Day & Beyond
Major League Baseball’s trade deadline ignited a flurry of high-stakes player movements, reshaping contending rosters and setting the stage for the season’s thrilling conclusion. The San Diego…
Fox Acquires Stake in IndyCar, Indianapolis Motor Speedway from Penske
A significant shift in the landscape of American motorsport has occurred with Penske Entertainment, the multifaceted entity owned by Roger Penske, announcing the sale of a one-third…