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Roger Penske reacts after selling $135M IndyCar stake to FOX
Roger Penske bought the American open-wheel racing series and the Indianapolis Motor Speedway in 2019 and set his targets on taking the series back to its glory days. As a part of this vision, Penske Entertainment signed a contract with FOX for the media rights of the racing series.
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FOX buys $125m stake in IndyCar amid F1 broadcast rights battle
As Formula 1's US broadcast rights battle heats up, FOX purchased one-third of the company that owns the IndyCar Series.
F ox has acquired a one-third interest in IndyCar's parent company Penske Entertainment, marking a unique deal that makes the ...
Fox Corporation recently announced the acquisition of an interest in Penske Entertainment, which previously solely owned the NTT series.
Fox Corp. said Thursday that it has acquired Caliente TV, a Mexican sports broadcasting platform, as the media company aims to expand its sports programming and attract more customers to its ...
Within a few short years, Fox, the fourth broadcast network, was a bona fide platform to reckon with (for the young demographics, in particular). And its next long-term success was drama The X ...
Walden and Newman replaced former network chairman Kevin Reilly in July, thus forming Fox Television Group, which combined Fox Broadcasting Company and 20th Century Fox Television.
New “Fox” to Include Fox News, Fox Business, Fox Sports, Fox Broadcasting Company, Fox Television Stations Group, FS1 and FS2, Fox Deportes and Big Ten Network Remaining 21st Century ...
Gray anticipates transactions closing in the fourth quarter of this year following receipt of regulatory approval and other customary conditions.
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