Penske Sells Major Stake in IMS and IndyCar to Fox

Penske Entertainment, the formidable entity overseeing Indianapolis Motor Speedway and the IndyCar series, has announced a landmark decision to sell a significant one-third interest in the company…

Guenther Steiner Nears Tech3 MotoGP Team Acquisition After F1 Exit

The high-octane world of motorsport is abuzz with the impending news that Guenther Steiner, the charismatic former team principal of Haas Formula 1, is reportedly finalizing a…

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…