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flag Roger Penske sells one-third of Penske Entertainment to Fox Corporation to boost IndyCar's growth and coverage.

flag Roger Penske has sold a one-third stake in his company, Penske Entertainment, which owns the Indianapolis Motor Speedway and IndyCar, to Fox Corporation. flag This strategic move aims to boost IndyCar's growth and includes a multi-year media rights agreement with Fox Sports. flag The partnership is expected to enhance IndyCar's coverage and business development, potentially increasing viewership and financial success.

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