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Fox Corp. acquires one-third interest in Penske Entertainment
Fox Corp. has acquired a one-third interest in Penske Entertainment, which owns the Indianapolis Motor Speedway and the NTT IndyCar open-wheel racing series. The deal includes a multiyear extension of Fox Sports’ media rights for IndyCar.
Penske Entertainment has sold a one-third interest in the company to Fox. The deal is described as a strategic investment to ...
The media company will acquire one third of the company, which owns Indycar and the Indianapolis Motor Speedway, while ...
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Roger Penske made the most meaningful business deal of his life in the fall of 2019. The billionaire acquired Hulman & ...
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