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

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

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.

Transportation company Penske criticizes Department of Homeland Security for using rental trucks to transport agents in cargo ...

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

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 ...

Fox acquired a one-third interest in Penske Entertainment, the Roger Penske-owned entity that holds Indianapolis Motor Speedway and IndyCar among its assets, the companies said Thursday.

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 ...

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 ...

Fox Corp. – the parent company of Fox Sports – has purchased a 33% stake in Penske Entertainment, the conglomerate that includes IndyCar, the Indianapolis Motor Speedway and IMS Productions that Roger ...

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