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Paddock Buzz: Santino Ferrucci Continues Foyt's Recent Resurgence

Paddock Buzz: Santino Ferrucci Continues Foyt's Recent Resurgence

Fox Sports01-06-2025
INDYCAR
Santino Ferrucci made his NTT INDYCAR SERIES debut in 2018 at Belle Isle Park in Detroit with Dale Coyne Racing.
Fast-forward to Sunday's Chevrolet Detroit Grand Prix presented by Lear, and Ferrucci delivered the best result of his INDYCAR SERIES career, finishing second in the No. 14 Sexton Properties/AJ Foyt Racing Chevrolet.
'Huge shoutout to this whole team,' Ferrucci said.
This is the second consecutive week an A.J. Foyt Enterprises entry has finished runner-up. David Malukas secured second place in the No. 4 Clarience Technologies Chevrolet in the 109th Running of the Indianapolis 500 presented by Gainbridge on May 25.
Ferrucci's podium finish on the nine-turn, 1.645-mile Detroit street circuit also represents the team's best road or street course result since Takuma Sato finished second in 2015 at Belle Isle.
But Ferrucci admitted frustration that his task to reach the front was made more difficult because he qualified 21st Saturday.
'I struggled in qualifying,' Ferrucci said. 'I made a lot of mistakes. I was really hard on myself yesterday. I thought it was all on me.'
Ferrucci steadily worked his way through the field during Sunday's race, but a pivotal moment came on Lap 67 when Callum Ilott crashed in Turn 1, bringing out a caution. Ferrucci had just made his final pit stop on Lap 65, and with many of the leaders still needing to stop, the caution allowed him to cycle to the front when they pitted under yellow on Lap 69.
He held the lead until Lap 78 when Kyle Kirkwood made the race-defining move to take over the top spot. Kirkwood went on to secure his fourth career victory and second of the 2025 season, both coming on street circuits after also winning the Acura Grand Prix of Long Beach on April 13.
'The pit stops were phenomenal,' Ferrucci said. 'The stand was amazing. Perfect strategy. I just got lucky with that yellow.'
The result capped off a historic two-week stretch for A.J. Foyt Enterprises, marking the first time since 2013 the team has finished on the podium in back-to-back races. That year, Takuma Sato won at Long Beach and followed with a runner-up finish in Brazil.
Frustrated O'Ward Still Gains Points
Pato O'Ward turned a challenging weekend into a solid result by climbing 11 positions from 18th to finish seventh Sunday in the No. 5 Arrow McLaren Chevrolet.
'We survived it,' O'Ward said. 'It's been the worst performance weekend I've probably ever had in INDYCAR, really. We legit qualified 18th on just pure pace. We've had other times where we've been back there, but it's always been because of an issue, or I made a mistake here and there. This one was truly where we deserved to be.'
Despite his frustrations, O'Ward made the most of the race through smart strategy and tire management. He and Josef Newgarden were the only two drivers in the 27-car field to start the race on Firestone Firehawk primary tires, then follow with another stint on the same compound, opting for durability over early pace.
O'Ward pitted on Lap 53 to switch to the softer alternate tires, but when the caution came on Lap 67 due to Ilott's crash, it allowed him to pit again with the leaders and return to the more durable primary tire. That strategic move kept him in the top 10 mix during the closing laps.
The seventh-place finish gave O'Ward a much-needed 22-point gain on championship leader Alex Palou, who crashed in the No. 10 DHL Chip Ganassi Racing Honda on Lap 72.
O'Ward heads into the Bommarito Automotive Group 500 presented by Axalta and Valvoline on June 15 at World Wide Technology Raceway second in the standings, trailing Palou by 90 points.
'That's a positive considering where we were starting,' O'Ward said. 'There's plenty of racing to go. There's more championship left than what we've done. I think that there's a lot of points on the table, and you can't expect (Alex) Palou to be making a lot of mistakes.'
Late Caution Costs Power Potential Podium
Will Power was on track for a runner-up finish in Sunday's race, but late-race cautions and a challenging restart dropped him to fourth in the No. 12 Verizon Team Penske Chevrolet.
Power was running second on the primary pit strategy before the Lap 67 caution triggered by Ilott's crash.
That yellow shuffled the field, as Ferrucci, Kyffin Simpson and Marcus Armstrong had already pit and cycled ahead. Power exited pit lane behind Kirkwood but rejoined the race in fifth.
By Lap 77, the running order was Ferrucci, Kirkwood, Simpson, Power and Colton Herta. Power made swift moves to get around Simpson and Ferrucci just before another major incident on Lap 83 when Louis Foster suffered a mechanical failure entering Turn 3, colliding with Felix Rosenqvist in a frightening crash. Foster walked away uninjured, and Rosenqvist was seen and released from the infield care center following evaluation.
The race was red-flagged with Power sitting in second, but that moment turned out to be his undoing. On the restart with 11 laps to go, his car struggled on cold tires, and he lost positions, first to Ferrucci, then to Herta – ultimately settling for fourth.
'My car was very tough on the restart,' Power said. 'We were as good as them once our tires were warmed up but struggled before. It was almost like I'm driving on snow.'
While Power acknowledged he likely didn't have the pace to challenge Kirkwood for the win, he believes he could have held second without the late cautions.
Still, the result marked a significant personal milestone, earning his 140th career top-five finish, moving him past Michael Andretti (139) and tying him with Al Unser for sixth on the all-time INDYCAR SERIES list.
'A little disappointed I didn't get a podium, but obviously results really matter for me at the moment,' Power said.
Simpson Earns Career-Best Fifth
Simpson is establishing himself on street courses in his second season in the NTT INDYCAR SERIES. After earning a then career-best 10th-place finish at the Acura Grand Prix of Long Beach on April 13, the young driver took another leap forward by finishing fifth in Sunday's race, his best result in the NTT INDYCAR SERIES.
The turning point came during Sunday morning's final practice session, where Simpson and his Chip Ganassi Racing team discovered Firestone alternate tires dramatically improved the performance of his No. 8 Ridgeline Chip Ganassi Racing Honda.
'We found that the alternate tire really made the car come alive,' Simpson said.
Capitalizing on that knowledge, the team opted for two mid-race stints on the alternates, giving Simpson the grip and speed to move up the order. He made his final pit stop two laps before the Lap 67 caution brought out by Ilott's crash, which handed him crucial track position as others pitted under yellow.
The strategy paid off, and Simpson stayed in the mix with the frontrunners for the remainder of the race, ultimately delivering a strong top-five result and building momentum as the series heads toward the summer stretch.
Odds and Ends The last time prior to Sunday that three American-born drivers swept the podium in Detroit came in 1995 with Robby Gordon, Jimmy Vasser and Scott Pruett. The last time three Americans stood on the podium in any INDYCAR SERIES race was the second race in 2020 at Mid-Ohio Sports Car Course, when Andretti teammates drivers Herta, Alexander Rossi and Ryan Hunter-Reay were in the respective podium spots. Graham Rahal finished fourth that day, too, giving Americans a lockout of the top four spots. Scott Dixon finished 11th, extending his winless streak to 19 races with his last victory coming here in 2024. This is the fourth-longest winless drought of his career, trailing 39 races between 2003 and 2005, 36 races between 2001 and 2002 and 22 races between 2021 and 2022. Kirkwood delivered Andretti Global its 76th career INDYCAR SERIES victory. Chip Ganassi Racing and Andretti Global have three podium finishes each since the series returned downtown in Detroit in 2023. Team Penske, A.J. Foyt Enterprises and Arrow McLaren each have one. Kirkwood has a 2.33 average finish on street courses this season. The race featured 261 on-track passes, a record for this downtown circuit and the second-highest total in the history of the event, including races on Belle Isle. The race also featured an event record 181 on-track passes for position.
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Bringing 'entertainment' to Penske Entertainment: How Fox's new minority stake pushes IndyCar forward
Bringing 'entertainment' to Penske Entertainment: How Fox's new minority stake pushes IndyCar forward

Indianapolis Star

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Bringing 'entertainment' to Penske Entertainment: How Fox's new minority stake pushes IndyCar forward

Chip Ganassi may have said it best: 'This deal brings 'entertainment' to Penske Entertainment.' And therein lies what may be the simplest aspect of Thursday's mega story in the IndyCar world. Fox Corp. – the parent company of Fox Sports – has purchased a 33% stake in Penske Entertainment, the conglomerate that includes IndyCar, the Indianapolis Motor Speedway and IMS Productions that Roger Penske and Penske Corp. took stewardship over from the Hulman George family nearly six years ago. It's a deal that, according to a report in the Wall Street Journal, delivers $125 million to $135 million – that ironically mirrors and even surpasses the figures McLaren Racing CEO Zak Brown and former Andretti Global majority owner and found Michael Andretti have clamored that Penske himself inject into the sport's promotion, marketing and activation with an eye towards trajectory-altering growth. Andretti was all but ostracized by Penske Entertainment leadership after saying as much 17 months ago, when he first lamented to reporters that Penske Entertainment was asking team owners to purchase their charters before launching the program. He then suggested that if Penske wasn't willing to inject $100 million or more his own funding into IndyCar in pursuit of the sport's long-term health, at a time when Formula 1 and NASCAR's Xfinity series were nipping at its heels in some metrics, then he should 'sell the series.' 'There's people out there willing to do it. I think there's a lot of people on the sidelines thinking, 'This is a diamond in the rough if you do it right,'' Andretti said. 'But what you need is big money behind it to get it to that level, and if he's not willing to do it, I think he should step aside and let someone else buy it. 'I told him, 'Why don't you sell part of the series to somebody to use that money as an equity stake. You still keep that control, but take that money and invest it.' But he doesn't want any partners.' That last idea is precisely what has taken place today. From 2024: Michael Andretti to Roger Penske if he's not going to invest more: 'Then sell the series' Penske has spent more than $60 million on investments and upgrades to the Indianapolis Motor Speedway – not to mention millions more to keep the series afloat during the pandemic; to purchase (and therefore save on the calendar) the Long Beach Grand Prix; to help fund the final development stages of IndyCar's hybrid technology alongside Chevy and Honda; and to promote or co-promote new or altered races at venues that have (or will) also include Iowa Speedway, the Milwaukee Mile, Nashville Superspeedway, the Detroit Grand Prix and the Grand Prix of Arlington. Thursday's deal with Fox Sports CEO Eric Shanks, Fox Corp., Lachlan Murdoch and the Murdoch family gives IndyCar a platform. It comes at a time when the motorsports and greater sports and media landscape has never been more crowded and competitive and where it's as difficult as ever to reach, attract and win-over the young fans and potential casual ones whom IndyCar needs to add in order to reach its potential. To be frank, this deal puts those responsibilities on the shoulders of Fox Sports that many in the paddock trust to be more capable of handling. For years as Penske Entertainment Corp. president and CEO Mark Miles has been asked about new events on the calendar, he's emphasized again and again a desire to seek out strategic partners that could share the financial risk, lend their unique expertise and share in the hopeful spoils. Though Penske had long shot down any idea he'd consider selling a stake in a sport and a track he now views as Penske family assets, it appears the prospects of an even greater strategic alliance – and perhaps a realization Penske Corp. and its subsidiary could only do so much – may have triggered a change of heart while still allowing Penske to maintain his spot as the sport's ultimate decisionmaker. As IndyCar has taken off in so many other ways – from social media impressions, to the sport's overall digital footprint, to more mainstream merchandise deals and sales, attendance at some key events, more consumer-facing sponsors trickling in and the Indy 500's overall rapid success – it's been a popular gripe among fans and legitimate question among so many in the paddock in recent years: Why can't Penske Entertainment market the sport better? There's rarely any single specific thing one can point toward, and it's clearly not a wholesale failure on helping the sport blossom, because IndyCar is undoubtedly in a better place than it was six years ago. More on today's news: Fox buying significant stake in IndyCar series owner Penske Entertainment But for a sport that has some of its veteran legends still active, a savant of a driver approaching records; not to mention a Mexican racing superstar whose throngs of fans at races often appear to be those of the day's latest boy band trend; a slew of young successful American racing talent; a host of other engaging, fiery, all-around unique personalities; the biggest race in the world; a field as deep and competitive as anywhere in racing; and names connected to the sport like Andretti, Penske, McLaren, Rahal and Foyt, it's been perplexing at the ways in which some drivers continue to not have almost any buzz and that some events still only can attract a few thousand fans on race day. And there you have IndyCar's issue of the time: How to make the sport popular enough, interesting enough, relatable enough and attractive enough to capture a more mainstream audience so that diehards don't have to continue propping up so many races' attendance figures and TV audiences alike. There was a widespread hope in November 2019 that Roger Penske would bring the answer to that longtime question – just like how he'd deliver a third engine manufacturer and oval races would magically become viable business propositions and that IndyCar would return to the east coast and have a larger presence in more major American cities. Though Penske and his charges have delivered a much-need firmer foundation and higher floor for the sport, the Penske era has not injected jet fuel into the sport's engines in the way many expected. The pandemic no doubt slowed those well-laid plans from taking off, but in Year 4 of full-fan events, that excuse has long expired, and up until Thursday's news, we seemed to be on a trajectory of getting to February 2026 amid whispers that this year – yes this one! – would be the season where IndyCar would finally realize that long-awaited exponential growth – a tune eerily similar to the one sung each of the last couple years. 'Relentless pursuit of excellence': What Roger Penske is like as a boss The working theory of many in the paddock is that for everything Penske has achieved, its greatest marketing tool has been his dominant race team that has gained mainstream name recognition. Though far and away from the only reason Penske has amassed such a fortune and how he's come to partner with so many major brands, sell so many cars and land so many truck deals, having the winningest team in American open-wheel racing team evokes an air of success, professionalism, dependability and some automotive know-how that no doubt has paid Penske dividends. But Penske Corp. never has been and never will be an entertainment-focused business in the ways in which the France family at NASCAR and Liberty Media at Formula 1 seem to view their places in the motorsports world. Over there, it's all about new venues, expansion, experimentation with in-season challenges and sprint races and well-polished, engaging shoulder programming. In those series, change, evolution and an unwillingness to become complacent rule the day, and they're sports that clearly feel as if they're looking five or even 10 years down the road and setting trends, not reacting to the ways in which the winds of the industry blow. Yes, there are millons upon millions more dollars that change hands in those sports, and at times it's unfair to say IndyCar and its shallower pockets are realistic competition, but it's the landscape nonetheless. From 2024: 'Roger Penske expects his grandchildren to own this': IndyCar growing as it enters 2024 Like it or not, NASCAR's playoffs elicit drama, tension and surpises, and even if there's not a championship battle to follow in F1, Liberty has found ways to connect never-before fans with its unique set of personalities. Whereas those two IndyCar competitors, with all their admitted flaws, function with a clear identity and as entertainment-first entities, and where IMSA attracts the gearheads with devotion to one of the series' plethora of manufacturer brands, it's long been hard to pinpoint IndyCar's niche. Is it for fans who love high-competition racing? Or those who want drivers to feel more down-to-earth and accessible? Is it for the speed, or the oval racing, or the danger? And so a sport without an identity and an owner without a marketing-first mindset has fallen to (outside the Sunday of Memorial Day weekend) the third (and strictly on non-500 TV ratings, fourth)-most popular racing series in the U.S. Enter Fox Sports, the broadcaster with an affinity for big games, bigger moments and some of the biggest personalities. 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. Lingering production issues and commercial-heavy broadcasts aside, it's hard to fault a partner that had already so thoroughly put all its cards on the table in pursuit of a sport's growth. And unlike the percolating NFL-ESPN deal or Fox's partnership with the Big Ten – particularly on college football – this is a sport sorely in need of the funding influx and declaration of support that this deal represents. 'There's putting money into this sport to keep it going, and then there's playing offense, and I think we as a sport talk too much about cost containment and not growth,' Brown, the McLaren Racing CEO, told IndyStar less than two weeks ago at Toronto. 'You're never going to cut your way to success. 'I'd rather get big TV numbers and more events, better events that bring in a lot more commercial revenue.' 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. It's how you start to widen the scope of the sport on TV beyond Fridays, Saturdays, Sundays and mid-week re-runs, how you begin to make it feel exceedingly important and how you generate the types of conversations that propel stars, fan the flames of drama and create connections with casual sports fans. >>Might we see some sort of outside-the-box shift in the start of the season, as Brown has proposed in recent months, where IndyCar could run its season-opener the weekend between the NFL's conference championship games and the Super Bowl, the same weekend NASCAR has recently held its season-opening 'Clash' that Fox broadcasts? Zak Brown's vision: Fewer cars, bigger cities, more risks part of McLaren Racing CEO's advice for IndyCar's future Could you run the Saturday of Daytona 500 weekend – or both – and therefore begin to shrink IndyCar's current six-month-long offseason? 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

time3 hours ago

  • Axios

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.

Penske-Fox Deal May Address Succession Issues At Indianapolis 500
Penske-Fox Deal May Address Succession Issues At Indianapolis 500

Forbes

time5 hours ago

  • Forbes

Penske-Fox Deal May Address Succession Issues At Indianapolis 500

Fox Corp. said Thursday it is acquiring one-third of Penske Entertainment, including the Indianapolis Motor Speedway and the IndyCar series. The announcement deepens the business ties between Roger Penske, 88, and Rupert Murdoch, 94, the overseer of the Fox empire. The transaction may address looming succession issues at one of the most storied racing revenues in the United States. Fox Sports this year began televising Penske's IndyCar series, including the Indianapolis 500. Terms of the new deal were not disclosed. Penske Entertainment said the deal included 'a multiyear extension' of Fox Sports' media rights with IndyCar. 'This partnership is built on long-standing trust and a shared vision for the future,' Roger Penske said in a statement. Fox 'sees the incredible potential across our sport and wants to play an active role in building our growth trajectory,' he said. The deal comes at a critical time for the Indianapolis speedway and the IndyCar series. Roger Penske agreed in 2019 to acquire the speedway and the IndyCar series from the Hulman-George family, which bought the speedway in 1945. That transaction became final in early 2020. IndyCar and Championship Auto Racing Teams battled for supremacy of U.S. open-wheel racing in the 1990s and 2000s. Eventually, the Hulman-George family won the fight. During that era, the European-based Formula One series raced at the Indianapolis speedway, beginning in 2000. After several years, F1 moved on from Indy but later came back to the U.S. in a bigger way. F1 now has three U.S. races. IndyCar, meanwhile, has struggled to demonstrate it's more than the Indianapolis 500, held annually during Memorial Day weekend. In its first year on Fox, the 500 averaged 7.01 million viewers in 2025, its best showing since 2008. That was better than the almost 6.8 million viewers for the Daytona 500 in February, NASCAR's biggest race, also televised by Fox. But things weren't all joy in Penske land. Two cars owned by Penske, were forced to start from the back of this year's Indy 500 because of a cheating scandal. Penske has used racing to promote his transportation businesses. He's won a lot a lot at the Indianapolis 500 races as a team owner (20, actually). He has also been a winner in NASCAR. Still, given Penske's age, there the question of succession at Indy, both the speedway and the race series. The speedway is close to downtown Indianapolis and comprises valuable real estate. The question is whether the new deal with Fox begins to answer those succession questions. 'We're thrilled to join the IndyCar ownership group at such a pivotal time for the sport,' Eric Shanks, CEO and executive producer of Fox Sports, said in the statement. 'IndyCar represents everything we value in live sports — passionate fans, iconic venues, elite competition and year-round storytelling potential.'

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