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News

Fox buys stake in IndyCar owner Penske Entertainment

The Wall Street Journal on MSN · 2d
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.
Sports Business Journal · 2d
Fox buying stake in Penske Entertainment; will extend IndyCar media rights deal
Fox has acquired one-third of Penske Entertainment, which owns the IndyCar Series and Indianapolis Motor Speedway.
The New York Times · 2d
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.
2d
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 ...
2d
Fox Buys One-Third Stake in IndyCar Series-Owner Penske
Fox Corp. acquired a one-third interest in Penske Entertainment, the owner of the IndyCar Series and Indianapolis Motor ...

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