Penske Sells Indy Motor Speedway Stake to Fox, Boosting IndyCar Future
The landscape of American motorsport is set for a significant transformation following the strategic sale of a one-third interest in Penske Entertainment to Fox. This landmark deal,…
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…
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,…
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…