Acquiring Company
FOX CORPORATION
Acquired Company
Penske Entertainment
New YorkUnited StatesAdvertisingMedia And EntertainmentPublishingNewsDigital MediaBroadcastingEventsSportsEvent ManagementDescription
Fox Corporation has acquired a one-third stake in Penske Entertainment, enhancing its financial interest in the IndyCar racing series. The investment, estimated between $125 million and $135 million, also includes an extended media rights deal for IndyCar. This partnership aims to boost IndyCar's visibility and growth in the competitive motorsports market.
Quick answer
FOX CORPORATION is acquiring Penske Entertainment, announced July 31, 2025. FOX CORPORATION is based in New York, New York, United States.
- How much did FOX CORPORATION pay for Penske Entertainment?
- The deal value was not disclosed.
- What does FOX CORPORATION do?
- Fox Corporation produces and distributes compelling news, sports, and entertainment content through its primary iconic domestic brands, including FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations..
- Where are FOX CORPORATION and Penske Entertainment based?
- FOX CORPORATION is based in New York, New York, United States. Penske Entertainment is based in United States.
- Who are the decision-makers at FOX CORPORATION?
- Fundz holds 2 contacts at FOX CORPORATION. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Liberty Media acquires MotoGP for €4.3 billion, $4.6B (July 4, 2025)
- Boat Rocker Media acquires Blue Ant Media (August 1, 2025)
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Who to call at FOX CORPORATION, and when
When FOX CORPORATION changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day FOX CORPORATION raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at FOX CORPORATION, from your own LinkedIn network
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Fundz sees it the moment FOX CORPORATION makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Penske Entertainment?
Penske Entertainment was acquired by FOX CORPORATION, based in New York. The deal was reported on July 31, 2025. FOX CORPORATION is publicly traded (FOX) and operates in Advertising.
When did FOX CORPORATION acquire Penske Entertainment?
FOX CORPORATION's acquisition of Penske Entertainment was reported on July 31, 2025. Fox Corporation has acquired a one-third stake in Penske Entertainment, enhancing its financial interest in the IndyCar racing series. The investment, estimated between $125 million and $135 million, also includes an extended media rights deal for IndyCar. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Penske Entertainment do?
Penske Entertainment is a leading motorsports management company with a strong focus on investing in and managing major motorsports events. It is privately held, operating in Events, and is based in United States.
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