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 ...

IndyCar and Barstool's Dave Portnoy are a match made in far-right heaven – and make no mistake. It's made with IndyCar owner ...

Motorsport pundit James Hinchcliffe has asserted that billionaire businessman Roger Penske (net worth of $7.5 billion, per ...

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

Andretti was all but ostracized by Penske Entertainment leadership after saying as much 17 months ago, when he first lamented to reporters that Penske Entertainment was asking team owners to purchase ...

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.

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

The Wall Street Journal reporter the transaction to be valued between $125 million and $135 million The deal includes a multi-year extension of a three-year media deal, though the number of years was ...

Longtime IndyCar team owner Chip Ganassi says new Fox deal 'brings entertainment to Penske Entertainment.' Addition of Fox as ...

IndyCar has asked Homeland Security to stop using Speedway in its branding for an ICE detention center in Indiana.

The deal is the latest alliance between a media company and a sports organization.

Indianapolis-based Penske Entertainment Group announced Thursday that it has acquired the Grand Prix Association of Long Beach LLC and its IndyCar race—the Acura Grand Prix of Long Beach in ...