Fox Corporation and Penske Entertainment announced that FOX has acquired a one-third interest in Penske Entertainment.

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Penske Entertainment, the Roger Penske-owned entity that holds Indianapolis Motor Speedway and IndyCar among its assets, said ...

Fox has purchased a one-third interest in Penske Entertainment inclusive of Indycar and the iconic Indianapolis Motor ...

Fox Corporation has purchased one-third of IndyCar parent company Penske Entertainment, giving Fox Sports a greater financial ...

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

The strategic investment and partnership includes a multiyear extension of INDYCAR’s media rights with FOX Sports.