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2025 INDYCAR odds: Alex Palou opens as favorite for Detroit Grand Prix

2025 INDYCAR odds: Alex Palou opens as favorite for Detroit Grand Prix

Fox Sports29-05-2025
INDYCAR heads to Detroit this weekend for the Chevrolet Grand Prix and fans can watch the exciting action on FOX .
Fans can also dive into the odds for this weekend's race and wager on which driver they think has what it takes to get into victory lane.
So far, the 2025 season has been all about Alex Palou . In his year of dominance, he's won five of the first six races, including the 109th Running of the Indianapolis 500 last weekend.
And now — to no one's surprise — he's opened as the clear favorite for Detroit.
Will anyone catch Alex this week?
Let's dive into the odds at DraftKings Sportsbook as of May 29. Chevrolet Detroit Grand Prix 2025
Alex Palou: 8/5 (bet $10 to win $26 total)
Scott McLaughlin: 11/2 (bet $10 to win $65 total)
Colton Herta: 11/2 (bet $10 to win $65 total)
Kyle Kirkwood: 6/1 (bet $10 to win $70 total)
Josef Newgarden: 8/1 (bet $10 to win $90 total)
Scott Dixon: 9/1 (bet $10 to win $100 total)
Pato O'Ward: 9/1 (bet $10 to win $100 total)
Will Power : 12/1 (bet $10 to win $130 total)
Christian Lundgaard: 15/1 (bet $10 to win $160 total)
Marcus Ericsson: 25/1 (bet $10 to win $260 total)
Felix Rosenqvist: 25/1 (bet $10 to win $260 total)
Marcus Armstrong: 25/1 (bet $10 to win $260 total)
David Malukas: 40/1 (bet $10 to win $410 total)
Alexander Rossi: 40/1 (bet $10 to win $410 total)
Graham Rahal: 50/1 (bet $10 to win $510 total)
Santino Ferrucci: 60/1 (bet $10 to win $610 total)
Rinus Veekay: 80/1 (bet $10 to win $810 total)
Robert Shwartzman: 100/1 (bet $10 to win $1,010 total)
Nolan Siegel: 100/1 (bet $10 to win $1,010 total)
Louis Foster: 100/1 (bet $10 to win $1,010 total)
Conor Daly: 150/1 (bet $10 to win $1,510 total)
Kyffin Simpson: 150/1 (bet $10 to win $1,510 total)
Devlin DeFrancesco: 150/1 (bet $10 to win $1,510 total)
Sting Ray Robb: 200/1 (bet $10 to win $2,010 total)
Jacob Abel: 200/1 (bet $10 to win $2,010 total)
Christian Rasmussen: 200/1 (bet $10 to win $2,010 total)
Callum Ilott: 200/1 (bet $10 to win $2,010 total)
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Bringing 'entertainment' to Penske Entertainment: How Fox's new minority stake pushes IndyCar forward
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Bringing 'entertainment' to Penske Entertainment: How Fox's new minority stake pushes IndyCar forward

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Can Penske Entertainment promote races?: Failure at Iowa sparks latest 2026 IndyCar schedule question 'This opens doors that were previously closed and makes aspects that weren't there before possible,' Ganassi told IndyStar on Thursday morning. 'I think it's an on-ramp toward momentum, and then you've got (Fox) extending their commitment. 'And here's what I'll say; you've got all these words and phrases, but you know what it does? It brings 'entertainment' to 'Penske Entertainment.' And it answers a lot of questions a lot of us had that were up in the air before. To have the Murdoch family behind you is a big thing worldwide.' Count Brown, Mike Shank, Larry Foyt, Andretti Global president Jill Gregory and others among those thrilled, energized and motivated by Thursday's news – likely to represent nearly a paddock full of folks who've paid witness to Fox's impact, energy, dedication and willingness to experiment in its early days with the sport. 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McLaren Racing CEO Zak Brown: IndyCar must remain 'commercially viable' despite team's growth So what could this deal deliver, and what questions remain unanswered – representatives at Fox Sports and Penske Entertainment declined to make decisionmakers available for comment Thursday? Here are my closing thoughts: >>The reported valuation of the Fox's deal with Penske Entertainment tells a potentially exceedingly interesting – and perhaps telling – story. Though never confirmed, several sources in the paddock have long believed Penske purchased the assets now known as Penske Entertainment for roughly $300 million more than five years ago. A 33% stake at the price of $125 million to $135 million would deem the whole package to be worth between $375 million and $405 million. Though that appears, at first glance, to demonstrate a pretty hefty profit margin for Penske, when you take into account the $60 million-plus spent on IMS alone, not to mention buying Long Beach and the other races Penske Entertainment now runs, you start to wonder if Fox was given a sweetheart deal at those figures, or if the value of IndyCar and IMS have truly risen very little in the five-plus years since the acquisition. >>When Fox was simply IndyCar's rightsholder, there was reason to wonder whether for all the 'no expenses spared' attitude paid towards the series' Super Bowl ads and the all-out-blitz production that was the Indy 500, there had to be a ceiling Fox was fast-approaching to promote a sport that for nine out of 14 races had delivered it an average audience of less than 800,000. Because you can only do so much without what would appear to be satisfactory results. And if that's the case, how long can the allure of the 500 outweigh otherwise largely lackluster viewership numbers and keep Fox interested in staying? Laguna Seca TV ratings: IndyCar maintains recent TV audience despite head-to-head battle with Brickyard 400 Thursday's news has completely transformed that mindset. No longer is Fox Sports a partner seeking enough eyeballs through which it can reap the amount in ad sales money it has put into the ownership of IndyCar's rights and production and promotion of the sport. It's now also an entity that can firsthand feel the effects of IndyCar growing as a brand and as a sport, through commercially-successful events, new partners, spikes in ticket sales and merchandise sales and Indy 500 sellout crowds. And with the structure of this deal, Fox can ensure it won't lose IndyCar to another prospective rightsholder five years down the road and lose out on reaping the benefits of what at that moment could be a far more popular, lucrative sport – the way in which Fox watched the UFC walk to ESPN years ago. So does Fox now lean-in even harder? Will we now see a weekly IndyCar talk show? A dedicated, standalone pre-race show or post-race show support on cable or streaming? Longer race broadcast windows? Funded in-car cameras for the entire field? Those are the types of things that a broadcast partner that now has a vested interest in the sport's growth beyond a short-term TV contract window could look to pursue. 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And could Fox use its influence to negotiate a shared NASCAR-IndyCar weekend at some track on the former's spring slate that Fox broadcasts? And might Fox be willing to shift the traditional thinking around IndyCar weekends as mostly Sunday afternoon races and experiment with weeknight made-for-TV races at a time on the calendar where running on Sundays against other sporting competition puts the sport at-risk of low TV numbers and week days allow it to be the event of the night? >>The biggest concern or question I have in seeing an entity that comes to the table not with the traditional sporting-first mindset, but one of entertainment and drama, is this: If entertainment, the racing product and revenue-driving are the pillars to which a successful sporting product is built upon, which becomes priority No. 1 in this new conglomerate? Not that a rethink in that area is necessarily a bad thing, but a shift toward a more entertainment-focused sport is bound to cause a rift between IndyCar's older diehards – a demographic that IndyCar's fanbase is presently overwhelmingly made up of. It will be a theme to watch closely.

Fox acquires one-third interest in IndyCar, Indianapolis Motor Speedway
Fox acquires one-third interest in IndyCar, Indianapolis Motor Speedway

Axios

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Fox acquires one-third interest in IndyCar, Indianapolis Motor Speedway

Fox Corporation, the broadcast giant, has acquired one-third interest in Penske Entertainment, the owner of the IndyCar racing series and the Indianapolis Motor Speedway. Why it matters: It's unclear what the deal means for the iconic speedway that's part of the fabric of our city and a major economic driver for the region. Driving the news: The deal was announced in an exclusive interview with The Wall Street Journal, which estimated the price to be between $125 million and $135 million. In addition to the stake in the series track, the deal includes a multi-year extension of IndyCar's media rights with Fox Sports that was set to run through 2027. Flashback: Tony Hulman famously brought the track back from the brink of closure when he bought it in 1945 after it had fallen into disrepair during World War II, and his family stewarded it until 2019 when Roger Penske bought it. Penske has invested millions over the last few years to upgrade the fan experience at IMS, paving large swaths of the grounds, adding more viewing mounds and video boards and updating the scoring pylon. The intrigue: The track itself was hardly mentioned in the media release sent from IndyCar and IMS' joint public relations team or the WSJ article Thursday. The last line of the article mentions that Fox Sports chief executive Eric Shanks said "Fox will now look beyond television production and work with Penske on new events, more sponsorship opportunities and boosting attendance at the track." When we asked a representative at IMS what this meant for IMS, which hosts dozens of events throughout the year in addition to the Indy 500 and other races, they declined an interview and pointed us back to the WSJ article. What we're watching: Even when Penske bought the track and pledged it would "run like a business now," it was being run by someone who grew up loving racing and the 500.

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