Fox Corporation Acquires One-Third Interest in Penske Entertainment
Published Jul. 31, 2025, 4:23 p.m. ET
Fox Corporation and Penske Entertainment made a historic announcement on Thursday morning, revealing that FOX has acquired a one-third interest in Penske Entertainment, connected to the NTT INDYCAR Series and the iconic Indianapolis Motor Speedway games of the future mlbb bracket. This strategic move aims to enhance high-profile racing and entertainment events, focusing on quality digital content and increasing promotion for the NTT INDYCAR Series and its talented drivers.
Shared Vision for Growth
“This partnership is built on long-standing trust and a shared vision for the future,” said team owner Roger Penske. “FOX sees the incredible potential across our sport and wants to play an active role in building our growth trajectory. Lachlan Murdoch and his team, starting with Eric Shanks, are committed to our success and will bring incredible energy and innovation to INDYCAR. bobby ray parks gilas”
Penske Entertainment: A Major Player
Penske Entertainment, a subsidiary of Penske Corporation, is a key provider of sports and entertainment, operating in various sectors, including professional motorsports, truck leasing, and transportation logistics. The company boasts over 3,300 locations.
“We’re thrilled to join the INDYCAR ownership group at such a pivotal time for the sport,” stated FOX Sports CEO & Executive Producer Eric Shanks. “INDYCAR represents everything we value in live sports — passionate fans, iconic venues, elite competition, and year-round storytelling potential. This investment underscores our commitment to motorsports and our belief in INDYCAR’s continued growth on and off the track. We’re excited to help elevate the sport to new heights across all platforms.”
Exclusive Media Rights Extension
This announcement comes as FOX Sports has agreed to a multi-year extension to retain exclusive media rights for INDYCAR mark telan. The ongoing 2025 INDYCAR season marks the first year that the sport’s races are airing on FOX networks, with a notable 31% increase in viewership compared to the previous year.
This year’s Indianapolis 500, which was clinched by Alex Palou, averaged 7.01 million viewers—a remarkable 41% jump from 2024 and the highest in 17 years makakatulong. The race also attracted over 300,000 fans in attendance.
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Your Thoughts?
What do you think of this significant development in the NTT INDYCAR Series?
