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Fox corporation purchases one-third of IndyCar company Penske Entertainment: What it means
Fox Corporation has purchased one-third of IndyCar parent company Penske Entertainment, giving Fox Sports a greater financial stake in the open-wheel racing series it already broadcasts exclusively. Terms of the deal were not disclosed,
Fox Corporation Acquires One-Third Interest in Penske Entertainment
Strategic Investment and Partnership Launches New Era of Growth Across INDYCAR that Includes a Multi-Year Extension of INDYCAR’s Media Rights with FOX Sports INDIANAPOLIS (Thursday, July 31, 2025) – Penske Entertainment and Fox Corporation (“FOX” or the “Company”) (Nasdaq: FOXA,
Jonathan Diuguid, who joined Team Penske in 2005, has been named the new president of Penske Racing Inc. across Penske's IndyCar and sportscar teams. Fellow longtime Team Penske member ...
Team Penske drivers continually feel like they have fast racecars, but the results have not been there at historic levels ...
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