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FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has announced that it has acquired a sizeable stake in Penske Entertainment. The 33% investment gives FOX a vested interest in Penske’s products, which include the NTT IndyCar Series and the Indianapolis Motor Speedway. FOX was already seen as having a strong desire to grow IndyCar, […]
The post FOX acquires 33% stake in Penske Entertainment, IndyCar appeared first on Motorsport Week.
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