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Fox Corporation Announces One-Third Interest Acquisition Of Penske Entertainment
Fox Corporation Announces One-Third Interest Acquisition Of Penske Entertainment

Fox Sports

time31-07-2025

  • Automotive
  • Fox Sports

Fox Corporation Announces One-Third Interest Acquisition Of Penske Entertainment

Fox Corporation and Penske Entertainment made a landmark announcement on Thursday morning, as FOX has acquired a one-third interest in Penske Entertainment, related to INDYCAR and Indianapolis Motor Speedway. The move comes with the intention of having high-profile racing and entertainment events, prioritizing quality digital content and having more promotion of the NTT INDYCAR Series and its drivers. "This partnership is built on long-standing trust and a shared vision for the future," team owner 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. Lachlan Murdoch and his team, starting with Eric Shanks, are committed to our success and will bring incredible energy and innovation to INDYCAR." Penske Entertainment, a subsidiary of Penske Corporation, is a primary provider of sports and entertainment. It operates in a range of fields, including professional motorsports, truck leasing and transportation logistics. Penske Entertainment has more than 3,300 locations. "We're thrilled to join the INDYCAR ownership group at such a pivotal time for the sport," FOX Sports CEO & Executive Producer Eric Shanks said in a statement. "INDYCAR represents everything we value in live sports — passionate fans, iconic venues, elite competition and year-round storytelling potential. This investment underscores our commitment to motorsports and our belief in INDYCAR's continued growth on and off the track. We're excited to help elevate the sport to new heights across all platforms." This news comes against the backdrop of FOX Sports agreeing to a multi-year extension to maintain exclusive INDYCAR media rights. The current 2025 INDYCAR season is the first year of the sport's respective races airing on FOX networks. At present, the sport is averaging a 31% increase in viewership year-over-year. This year's running of the Indianapolis 500, which was won by Alex Palou, averaged 7.01 million viewers, which was a 41% increase from 2024 and a 17-year-high. The race also had more than 300,000 fans present. Want great stories delivered right to your inbox? Create or log in to your FOX Sports account, and follow leagues, teams and players to receive a personalized newsletter daily! FOLLOW Follow your favorites to personalize your FOX Sports experience NTT INDYCAR SERIES Team Penske Get more from the NTT INDYCAR SERIES Follow your favorites to get information about games, news and more in this topic

Louis Foster Leads the Charge as Sports.com and Lottery.com Drivers Deliver in Iowa
Louis Foster Leads the Charge as Sports.com and Lottery.com Drivers Deliver in Iowa

Yahoo

time14-07-2025

  • Automotive
  • Yahoo

Louis Foster Leads the Charge as Sports.com and Lottery.com Drivers Deliver in Iowa

A Media Snippet accompanying this announcement is available in this link. NEWTON, Iowa, July 14, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) ('SEGG Media' or the 'Company'), a leading technology company transforming the global intersection of sports, entertainment and gaming today announced the results from a weekend of intensity, growth, and high-impact visibility for SEGG's flagship brands, and at Iowa Speedway. As the Sukup INDYCAR race weekend concluded, all eyes now turn to Toronto – where SEGG Media is poised to continue its upward trajectory on one of the most iconic street circuits in North America. Andretti Global's Louis Foster underlined his credentials as IndyCar's top rookie, maintaining his lead in the Rookie of the Year standings. The 21-year-old qualified 12th and 16th for the weekend's two races, continuing his season average of 12.5 in a 27-car field despite weather disruptions that cut short practice. In Race 1, Foster showed speed and composure, pushing through the field and coming alive after a mid-race aero balance change. 'It was good to get a good result on an oval, it matched roughly what we did at the Indy 500,' . 'We were there on pace, on merit. The pit stops were phenomenal by the team, and I think we could've finished top 10 with a more comfortable balance.' Race 2 brought another clean drive and valuable points as Foster worked forward again and managed race strategy perfectly. 'Not many drivers stayed consistent across both races, so I'm happy that we did,' 'We fought hard for the positions we earned.' His oval average now stands at an impressive 13.33. In the NTT INDYCAR Series, Callum Ilott showed strong form in both qualifying and race pace before a late-race incident ended his charge prematurely. Despite a penalty and contact, Ilott's recovery drive from deep in the pack highlighted the resilience of both driver and team. PREMA Racing delivered a breakthrough result as Robert Shwartzman stormed to a career-best P9 finish – the team's highest placement of the 2025 campaign so far. After battling through setbacks, Shwartzman capitalized on strategy, tire management and raw pace to crack the top ten in commanding style. Though adversity struck in the Indy NXT paddock as Seb Murray was not medically cleared to compete in Sunday's race, the Andretti Cape driver remained on-site, proudly supporting the team from trackside and ensuring strong continued presence for through fan engagement and broadcast exposure. and continued to gain market visibility with on-car branding, in-paddock engagement, and major television coverage throughout the weekend. Louis Foster's stellar drive will be celebrated in a separate release following one of his strongest INDYCAR performances to date. The SEGG Media drivers now shift focus to Toronto, where the combination of tight city corners, passionate fans, and global media presence provides the perfect stage for the next chapter in the and motorsport and brand expansion journey. 'Louis, Callum, and Seb continue to elevate the visibility and value of our brands across North America,' . 'This weekend was a strong statement, and we're looking forward to continuing the charge in Toronto.' About SEGG Media Corporation SEGG Media (Nasdaq: SEGG, LTRYW) is a global sports, entertainment and gaming group operating a portfolio of digital assets including and Focused on immersive fan engagement, ethical gaming and AI-driven live experiences, SEGG Media is redefining how global audiences interact with the content they love. For additional information, visit This press release was published by a CLEAR® Verified individual. CONTACT: Contact media relations at media@

How to watch INDYCAR Road America Wisconsin: Schedule, date, time, TV channels, streaming
How to watch INDYCAR Road America Wisconsin: Schedule, date, time, TV channels, streaming

Fox News

time20-06-2025

  • Automotive
  • Fox News

How to watch INDYCAR Road America Wisconsin: Schedule, date, time, TV channels, streaming

Print Close Published June 20, 2025 The INDYCAR Series returns to the iconic Road America circuit for the XPEL Grand Prix, one of the most scenic and challenging road courses on the calendar. Keep reading for key details, including race dates, start times, TV channels, and streaming options. When is INDYCAR at Road America? What time does the race start? The next race of the 2025 INDYCAR season will start at 1:30 p.m. ET on Sunday, June 22nd, 2025. Where is the XPEL Grand Prix at Road America? The race will take place at Road America in Elkhart Lake, Wisconsin. Road America is a 4-mile, 14-turn road circuit that has challenged even the world's best racers. The race will consist of 223 miles over 55 laps. How can I watch INDYCAR at Road America? What channel will it be on? The 2025 INDYCAR at Road America race will be broadcast live on FOX. How can I stream INDYCAR at Road America? The 2025 INDYCAR at Road America race will be available to be streamed live on the FOX Sports website and the FOX Sports App . For those without cable, there are live-streaming services that carry FOX, including YouTube TV, Sling TV, Hulu + Live TV and fuboTV. If you have an antenna in a good reception area, you can also watch INDYCAR on your local FOX station. Check out the Federal Communications Commission TV reception maps to see which stations are available in your area. 2025 INDYCAR XPEL Grand Prix at Road America Schedule Friday, June 20 NTT INDYCAR Series Practice 1 - 4:30 p.m. ET (FS2) Saturday, June 21 Sunday, June 22 Print Close URL

Sports.com Accelerates Brand Exposure at This Weekend's 2025 Indy 500 with Sponsorship Deal Featuring Driver Louis Foster, Car No. 45
Sports.com Accelerates Brand Exposure at This Weekend's 2025 Indy 500 with Sponsorship Deal Featuring Driver Louis Foster, Car No. 45

Yahoo

time22-05-2025

  • Automotive
  • Yahoo

Sports.com Accelerates Brand Exposure at This Weekend's 2025 Indy 500 with Sponsorship Deal Featuring Driver Louis Foster, Car No. 45

Helmet branding partnership with INDYCAR's reigning development champion places on the global motorsport stage INDIANAPOLIS, May 22, 2025 (GLOBE NEWSWIRE) -- a member of the Inc. family of brands (Nasdaq LTRY;LTRYW) (' 'the Company'), the fast-growing platform at the intersection of sports, media and technology, proudly announces a high-visibility partnership with Louis Foster, one of the brightest young drivers in motorsport, ahead of his debut in the 2025 Indy 500. Foster, the 2024 Indy NXT Champion, joins Rahal Letterman Lanigan Racing driving the No. 45 car for his first full season in the NTT INDYCAR Series. A dual titleholder on the Road to Indy ladder, Foster previously claimed the 2022 Indy Pro 2000 Championship, making him one of only a few drivers to win multiple titles on the development path to INDYCAR. His helmet will feature throughout the 109th Running of the Indianapolis 500, dubbed the 'The Greatest Spectacle in Racing', creating visibility for the brand on the global motorsport stage. Louis Foster qualified 20th for this year's Indy 500 and will start from Row 7, driving the No. 45 car for Rahal Letterman Lanigan Racing. 'The Indy 500 is not just a race — it's a cultural institution. To partner with a driver of Louis Foster's caliber at such an iconic event reinforces our mission to deliver high-impact exposure, enhance international brand recognition, and drive long-term shareholder value,' 'As someone who grew up around racing and spent much of my early life immersed in the automotive world alongside my father, motorsport has always been close to my heart. The Indy 500 is arguably the most prestigious and iconic race in the world — it's an event every driver dreams of competing in,' . 'We are proud to support Louis Foster in his first Indy 500 and thrilled to have this opportunity to showcase the brand on such a historic stage. This partnership reflects both my personal passion for racing and our wider strategy of aligning with world-class talent in high-exposure environments.' At just 21 years old, Foster has already amassed 40 career wins and 88 podiums across 189 races, showcasing elite skill on road courses, ovals, and street circuits, underscoring his future potential in global racing. This sponsorship represents a strategic expansion of presence in elite motorsport, aligning with the company's broader mission to accelerate fan engagement, amplify cultural relevance, and expand its commercial footprint through multi-channel revenue strategies. To learn more about Louis Foster, visit or follow him on Instagram @louisfosterr.'I'm absolutely delighted to be partnering with for my Indy 500 debut,' 'From the moment we connected, I've been excited by their vision and the energy they're bringing to sports media. They're not just sponsoring athletes — they're actively disrupting the way fans engage with sport, introducing innovative technology and immersive experiences that feel truly next-gen. I'm proud to represent a brand that's pushing the envelope and can't wait to see where this journey takes us.' About Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook For more information, please visit or contact our media relations team at press@ Important Notice Regarding Forward-Looking StatementsThis press release contains statements that constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company's strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' 'initiatives,' 'continue,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company's internal accounting controls, additional examination of the preliminary conclusions of such review, the Company's ability to secure additional capital resources, the Company's ability to continue as a going concern, the Company's ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company's ability to regain compliance with the Bid Price Requirement, the Company's ability to regain compliance with Nasdaq Listing Rules, the Company's ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading 'Risk Factors' in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC's website at Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.

Alex Palou chasing elusive Indy 500 win: My face 'would look good on that trophy'
Alex Palou chasing elusive Indy 500 win: My face 'would look good on that trophy'

Fox Sports

time22-05-2025

  • Automotive
  • Fox Sports

Alex Palou chasing elusive Indy 500 win: My face 'would look good on that trophy'

Bruce Martin Special to INDIANAPOLIS — Get to know Alex Palou and there are a few things that immediately stand out. The first is his total and complete focus. All he thinks about is racing. The second is his complete coolness and calmness, even under fire. "I've only seen Alex get mad once," 2022 Indianapolis 500 winner Marcus Ericsson told FOX Sports of his former teammate. "And when Alex got mad, it only lasted for five minutes, and he was back to being nice again." In an intense profession that includes a high degree of risk, Palou is the coolest driver on the track. But he laughed when he was asked why he never gets angry. "I can tell you I get mad sometimes, but at the end of the day, it's quite simple. I'm living the dream," Palou told FOX Sports. "It's amazing to be a racing driver. It's amazing to be an INDYCAR driver and to do this for a living. I'm enjoying every single day. "Even a bad day in an INDYCAR is an amazing day." Palou is a nice guy, but this nice guy has finished first often. And drivers in the NTT INDYCAR Series are mad at their inability to find a way to defeat him. He was an INDYCAR rookie in 2020 before joining Chip Ganassi Racing in 2021. His first race for the team was a victory in the season-opening race at Barber Motorsports Park. It was the start of the first of three INDYCAR Series championships in four seasons, including the last two in a row. Palou is on a roll and doesn't show signs of slowing down. He opened the 2025 season with two-straight victories before he finished second to Kyle Kirkwood in the Acura Grand Prix of Long Beach. It must have motivated Palou because he won the next two races at Barber Motorsports Park and the Sonsio Grand Prix on the Indianapolis Motor Speedway road course to kick off the month of May. But he has never won the Indianapolis 500. In fact, he has never won a race on an oval. He came close by finishing second to Helio Castroneves in the 2021 Indy 500, but that remains his best-ever finish on an oval. Palou was the fastest driver in last Saturday's Indianapolis 500 qualifications and was part of the Fast 12 round on Sunday. He advanced into the Fast Six group that would fight it out for the pole, but Palou finished sixth in that round with a four-lap qualification average of 231.378 miles per hour around the 2.5-mile Indianapolis Motor Speedway oval. He starts Sunday's 109th Indianapolis 500 on the outside of Row 2 with former teammate Felix Rosenqvist in the middle and CGR teammate and 2008 Indy 500 winner Scott Dixon on the inside of the second row. Palou is the best driver in INDYCAR that has yet to win the Indianapolis 500, a title he wants to remove on Sunday. "It's good and bad," Palou told FOX Sports. "It's not what we want. We want to be introduced as Indianapolis 500 champion, but it takes time. It's hard to win. That's why it is so important and separates some drivers who are really elite and amazing drivers. "We're pushing and that is all I think about. Hopefully, we can get rid of that introduction this year." Palou admits he has dreamed of winning the Indy 500, but reality would be 20 times better than his dream. He realizes it is difficult, and there are no guarantees that it will happen, but he is confident that he will one day win it. "I feel more confident than ever before," Palou said. "I got to experience different parts of the 500, like running up front, running in the back, having to overtake, having a fast car, having not such a fast car. I feel more ready than ever, and I think it's enough to win, so that's why. And I'm hungry to win it. "We are ready. You start getting excited thinking about traffic and how to get a fast race car for the Indianapolis 500. I'm excited for the race to come." Palou was a rookie at the 2020 Indianapolis 500, a race that was moved to August 23 because of the COVID-19 pandemic and fans were not allowed in the massive Indianapolis Motor Speedway. He drove for Dale Coyne Racing, started seventh and finished 28th, crashing after 121 laps. The following year, his first with Ganassi, Palou finished just .493-of-a-second behind Helio Castroneves, who became the fourth, four-time Indy 500 winner that day. Palou was so close, but the Indy 500 win remains so far away. "My race against Helio in 2021 was amazing," Palou recalled. "He won it in a car that was a little bit slower than mine. He won it because he was better than me. That's it. Period. "I had the faster car than Helio, but he just had more experience. He was much better than me reading the traffic and knowing when to overtake, when to defend. "I think I have a lot more experience now. I don't have as much experience as Helio, but I believe I could have done something different." Palou finished ninth in the 2022 Indianapolis 500. He won the Indy 500 Pole in 2023 and led 36 laps, but midway in the race during a pit stop under caution, Rinus VeeKay ran into Palou as he was leaving pit lane. Palou's Honda went back to 28th place, but he was able to race his way to a fourth-place finish in what may have been his best Indy 500 in terms of racing. Last year, Palou started 14th and finished fifth, so he is a legitimate contender for this year's win. But is he prepared to make a bolder move if it means winning the Indy 500? "In that race, you don't think about the championship at all," Palou explained. "A third place is not good enough. A second place is not good enough. It's only first that counts. "You don't act crazy, but I think everybody goes there to win the Indianapolis 500. "Hopefully, all the moves we make will work." Palou competes for one of the greatest teams in the history of the Indianapolis 500 and the NTT INDYCAR Series at Chip Ganassi Racing. The team won its first Indy 500 in 2000 with Juan Pablo Montoya. Scott Dixon won the 2008 Indy 500 from the pole, Dario Franchitti won two of his three Indianapolis 500s with Ganassi in 2010 and 2012 and Marcus Ericsson was the last with his victory in 2022. Ericsson is now with Andretti Global, but Dixon and Palou remain, along with young driver Kyffin Simpson of the Cayman Islands. Chip Ganassi Racing has also won 16 INDYCAR Championships, including Palou's titles in 2021, 2023 and 2024. Palou is the face of INDYCAR, but Team Penske star Josef Newgarden has become the face of the Indianapolis 500 after winning in 2023 and 2024. Newgarden is attempting to become the first driver to win three-straight Indy 500s on Sunday, but with the penalties that were assessed after the qualification round on May 18, Newgarden has to start 32nd in the 33-car starting lineup. "I don't believe I'm the face of INDYCAR," Palou said. "I'm not as big with social media to be a big character and the face of IndyCar. That's OK. There are drivers bigger that do a better job than me as the face of INDYCAR." Palou admits that for now, Newgarden is the face of the Indy 500, and he wants to displace him in that role. "It's a goal," Palou said. "It's important. Everybody has to see last year's winner when they enter the track. "Unfortunately, I never got to see my face at the entrance to the Indianapolis Motor Speedway. Hopefully, we can make that happen." When it comes to faces, however, there is no greater accomplishment for a racing driver than having their face attached to the Borg-Warner Trophy along with the other faces of the winning drivers throughout the long and storied history of the Indianapolis 500. That cements a driver's career and legacy for the ages. It is a lifetime goal for Palou. "Absolutely, it is," Palou said. "It's the biggest goal you can have. One of the biggest in motorsports. "I'm pretty sure that my face — although I'm not really handsome — would look good on that trophy." Bruce Martin is a veteran motorsports writer and contributor to Follow him on X at @BruceMartin_500 . BEST OF FOX SPORTS' INDY 500 COVERAGE: Ranking Indy 500 drivers from 33 to 1: Can anyone unseat Josef Newgarden? Got milk? 33 potential Indy 500 winners pick preferred dairy option Pato O'Ward pens letter to Indy 500: 'Had my heart broken here … but it also fuels me' No oval experience, no problem: Rookie Robert Shwartzman captures Indy 500 pole Rash of Crash: Inside a wild weekend of wrecks during Indy 500 prep From 'magical' to 'legendary': Drivers describe the Indy 500 in one word 2025 Indy 500 liveries: See the designs of all 34 cars on the track at The Brickyard Counting down the 25 most memorable moments in Indy 500 history recommended Get more from NTT INDYCAR SERIES Follow your favorites to get information about games, news and more

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