Roger Penske recently purchased Indycar as well as the Indianapolis Motor Speedway. Now, they have sold one-third interest in Penske Entertainment to the Fox Corporation.
At the same time, Indycar has signed a new multi-year television agreement with Fox. A new era of Indycar is now on the way which will include:
– “Innovative and industry-leading racing and entertainment events.”
– “A hyper-engaged digital strategy and immersive content focus.”
– “Enhanced promotion and star-building opportunities for NTT INDYCAR SERIES drivers.”
Fox previously brought the right to broadcast right to Indycar back in 2025. So far this season, the series is averaging a 31 percent increase in viewership over last season.
“This partnership is built on long-standing trust and a shared vision for the future,” Roger Penske said.
“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.”
“We’re thrilled to join the INDYCAR ownership group at such a pivotal time for the sport,” said Eric Shanks, CEO & Executive Producer, FOX Sports.
“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.”