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News

Fox buys stake in IndyCar owner Penske Entertainment

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.
Forbes · 21h
FOX Sports Acquires One-Third Interest In Penske Entertainment Including IndyCar
FOX Sports has acquired a one-third interest in Penske Entertainment, the owners of IndyCar, Indianapolis Motor Speedway and Indianapolis 500 also a new TV extension.
The Associated Press on MSN · 23h
Roger Penske sells a third of Indianapolis Motor Speedway and IndyCar to Fox
Penske Entertainment, the Roger Penske-owned entity that holds Indianapolis Motor Speedway and IndyCar among its assets, said Thursday it has sold one-third interest in the company to FOX.
18h

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 ...
6don MSN

George Grobar Shifts to Advisor Role at Penske Media, Craig Perreault Named President of Media & Corporate Development

George Grobar is set to shift to a new role at Penske Media Corporation, moving to a CEO advisory role and a board member, ...

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