With a new 33% stake in Penske Entertainment, Fox can help take IndyCar to heights Roger Penske was unable to.

IndyCar TV partner Fox is buying a stake in Penske Entertainment, which own the series, as well as IMS and IMS Productions.

Fox has acquired one-third of Penske Entertainment, which owns the IndyCar Series and Indianapolis Motor Speedway.

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.

Representatives for Penske Entertainment continue to pursue a deal that would have IndyCar race in Mexico City in 2026, but talks have become more complicated in recent weeks.

Multiple sources within the IndyCar paddock have begun to question whether Penske Entertainment’s nearly year-long quest to ...

Fox has purchased a one-third interest in Penske Entertainment inclusive of Indycar and the iconic Indianapolis Motor Speedway. Financial details weren’t disclosed. The move builds on a Fox Sports ...

Fox Corp. has acquired one-third of Penske Entertainment, owner of auto racing’s IndyCar Series and Indianapolis Motor Speedway, the companies said Thursday. Terms of the deal weren’t disclosed, but ...

Fox Corporation and Penske Entertainment made a landmark announcement on Thursday morning, as FOX has acquired a one-third interest in Penske Entertainment, related to INDYCAR and Indianapolis ...

Some of that setback lives on the shoulder of a track owner (NASCAR) who stood by and watched Penske Entertainment lease the track and breathe much-needed life back into a venue that was starting ...