"The sale was described as a strategic investment and partnership designed to launch new growth for IndyCar and it includes a multi-year contract extension for Fox Sports’ media rights deal with the open-wheel series. Fox Sports is in its first season broadcasting IndyCar.
Penske Entertainment expects the sale of part of the company to spearhead innovative and industry-leading racing and entertainment events, heightened digital strategy and immersive content focus, as well as enhanced promotion and star-building opportunities for IndyCar drivers."
https://apnews.com/article/indycar-...peedway-sale-6cf572e27f884c4a334bbe14d0302ec7
Penske Entertainment expects the sale of part of the company to spearhead innovative and industry-leading racing and entertainment events, heightened digital strategy and immersive content focus, as well as enhanced promotion and star-building opportunities for IndyCar drivers."
https://apnews.com/article/indycar-...peedway-sale-6cf572e27f884c4a334bbe14d0302ec7