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Fox acquires 1/3 interest in Penske Entertainment

The New York Times · 3d

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.

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.

Indianapolis Star on MSN · 3d

Fox buying significant stake in IndyCar series owner Penske Entertainment

IndyCar TV partner Fox is buying a stake in Penske Entertainment, which own the series, as well as IMS and IMS Productions.

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 ...

2d

Want To Invest In IndyCar Racing? There's A Stock For That

Penske is selling a one-third stake of IndyCar and the iconic Indianapolis Motor Speedway. Here's the media company investors ...

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