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News

Fox acquires 1/3 interest in Penske Entertainment

Deadline on MSN · 1d
Fox Acquires One-Third Stake In Penske Entertainment, Owner Of Indycar Series
Fox has purchased a one-third interest in Penske Entertainment inclusive of Indycar and the iconic Indianapolis Motor Speedway.
The Wall Street Journal on MSN · 1d
Fox Takes Stake in IndyCar Owner Penske Entertainment
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 people familiar with the transaction valued Fox’s investment at between $125 million and $135 million.
The New York Times · 1d
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.
RACER
15h
IndyCar team owners delighted by Fox purchase of ownership share
The news of Fox Corporation’s purchase of a 33-percent stake in Penske Entertainment was warmly received in all corners of ...
1d
What Fox Corp. purchasing stake in Penske Entertainment means for IndyCar's future
Fox Corp. has bought a 33% stake in Penske Entertainment, which owns IMS, IndyCar series. IndyStar motorsports reporter ...

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