FOX Acquires One-Third of Penske Entertainment

MT Newswires Live

2025/08/01

Fox (FOX) said Thursday it has acquired a one-third interest in Penske Entertainment, inclusive of INDYCAR and Indianapolis Motor Speedway.

The company said the deal includes a multiyear extension of INDYCAR's media rights with FOX Sports.

Financial terms were not disclosed.

Price: 51.28, Change: +0.31, Percent Change: +0.61

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