
The IndyCar Series has entered a new era following last week's announcement that FOX Corporation has purchased a one-third stake in Penske Entertainment, the parent company of IndyCar and the iconic Indianapolis Motor Speedway.
While there are still many unknowns about the long-term impact of the move, FOX stepping in as a co-owner — after already joining as the exclusive broadcaster this season — signals a commitment to shaping the series’ future. The announcement outlined ambitions such as renewed focus on racing innovation, immersive content strategies, enhanced digital platforms, and turning drivers into household names.