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News

Fox acquires 1/3 interest in Penske Entertainment

Deadline on MSN · 2d
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 · 3d
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.
FOX Sports on MSN · 2d
Fox Corporation Announces One-Third Interest Acquisition Of Penske Entertainment
Fox Corporation and Penske Entertainment announced that FOX has acquired a one-third interest in Penske Entertainment.
swoknews.com
10h

Penske sells part ownership of Indianapolis Motor Speedway

Penske Entertainment has sold a one-third interest in the company to Fox. The deal is described as a strategic investment to boost IndyCar’s growth. It includes a multi-year contract extension ...
RACER
1d

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 ...

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