Tag: NTT Indycar Series

Fox Corporation Acquires One-Third Interest in Penske Entertainment 

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From Indycar. My thoughts will be posted in a bit.
 Strategic Investment and Partnership Launches New Era of Growth Across INDYCAR that Includes a Multi-Year Extension of INDYCAR’s Media Rights with FOX Sports

INDIANAPOLIS (Thursday, July 31, 2025) – Penske Entertainment and Fox Corporation (“FOX” or the “Company”) (Nasdaq: FOXA, FOX), the parent company of FOX Sports, today announced an investment in the future of North America’s premier open-wheel racing series, with FOX’s acquisition of a one-third interest in Penske Entertainment, inclusive of INDYCAR and the iconic Indianapolis Motor Speedway.
The investment is expected to supercharge a new era of growth for the NTT INDYCAR SERIES, the most competitive and dynamic motorsport on the planet. This includes: Innovative and industry-leading racing and entertainment events. A hyper-engaged digital strategy and immersive content focus. Enhanced promotion and star-building opportunities for NTT INDYCAR SERIES drivers
Today’s announcement also includes a multi-year extension of INDYCAR’s media rights with FOX Sports.“This partnership is built on long-standing trust and a shared vision for the future,” Roger Penske said. “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.”
FOX Sports acquired INDYCAR’s media rights in 2025, bringing fresh promotional resources and significantly larger reach to the NTT INDYCAR SERIES. This year’s Indianapolis 500 on FOX averaged 7.01 million viewers, a 41 percent increase over the previous edition and a 17-year high. So far, the 2025 NTT INDYCAR SERIES season is averaging a 31 percent increase in viewership year-over-year
“We’re thrilled to join the INDYCAR ownership group at such a pivotal time for the sport,” said Eric Shanks, CEO & Executive Producer, FOX Sports.
“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 builds on wider momentum across the sport, marked by rising attendance and record crowds at several events this year, including a sell-out of the Indy 500.
INDYCAR has invested heavily in digital growth recently, launching a new mobile APP, web site and fantasy platform while also generating 1 million new social followers. The SERIES will also add a new showcase to its calendar in 2026, racing through Arlington’s entertainment district through a first-of-its-kind joint venture with the Dallas Cowboys and Texas Rangers. 
The NTT INDYCAR SERIES is the only premier motorsport in North America with every race on U.S. network television. It features an international field of the world’s most versatile drivers who compete on superspeedways, short ovals, street circuits and permanent road courses.
The 2025 season continues with the Grand Prix of Portland on Sunday, Aug. 10 at 3 p.m. ET on FOX.
Also, part of the Penske Entertainment family, the world-famous Indianapolis Motor Speedway is annually home to the largest single-day spectator sporting event on the planet, the Indianapolis 500. This year’s “The Greatest Spectacle in Racing” featured a crowd of more than 300,000 people. The famed venue is steeped on more than a century of racing heritage and has the largest seating capacity of any sporting venue across the globe.
About Penske EntertainmentPenske Entertainment is a leading provider of world-class sports and entertainment, encompassing INDYCAR and the Indianapolis Motor Speedway. It is a subsidiary of Penske Corporation, a closely-held, diversified, on-highway, transportation services company whose subsidiaries operate in a variety of industry segments, in retail automotive, truck leasing, transportation logistics and professional motorsports. Penske Corporation manages businesses with consolidated revenues of more than $45 billion, operating in over 3,300 locations and employs more than 73,000 people worldwide.
About Fox CorporationFox Corporation produces and distributes compelling news, sports, and entertainment content through its primary iconic domestic brands, including FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations and Tubi Media Group. These brands hold cultural significance with consumers and commercial importance for distributors and advertisers. The breadth and depth of our footprint allows us to deliver content that engages and informs audiences, develop deeper consumer relationships, and create more compelling product offerings. FOX maintains an impressive track record of news, sports, and entertainment industry success that shapes our strategy to capitalize on existing strengths and invest in new initiatives. For more information about Fox Corporation, please visit www.FoxCorporation.com.
About FOX SportsFOX Sports is the umbrella entity representing Fox Corporation’s wide array of multi-platform US-based sports assets. Built with brands capable of reaching more than 100 million viewers in a single weekend, the business has ownership and interests in linear television networks, digital and mobile programming, broadband platforms, multiple web sites, joint-venture businesses and several licensing relationships. FOX Sports includes the sports television arm of the FOX Network; FS1, FS2, FOX Soccer Plus and FOX Deportes. FOX Sports’ digital properties include FOXSports.com and the FOX Sports App, which provides live streaming video of FOX Sports content, instant scores, stats and alerts to iOS and Android devices. Also included in FOX Sports’ portfolio are FOX’s interests in joint-venture businesses Big Ten Network and the UFL and a licensing agreement that established the FOX Sports Radio Network.
CONTACTS:Penske Entertainment: Alex Damron, Adamron@brickyard.com
FOX Sports: Andrew Fegyveresi, Andrew.Fegyveresi@fox.com
CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements are based on management’s current expectations and beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements in this press release due to changes in economic, business, competitive, technological, strategic and/or regulatory factors and other factors affecting the operation of FOX’s businesses. More detailed information about these factors is contained in the documents FOX has filed with or furnished to the Securities and Exchange Commission, including FOX’s Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.Statements in this press release speak only as of the date they were made, and FOX undertakes no duty to update or release any revisions to any forward-looking statement made in this press release or to report any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events or to conform such statements to actual results or changes in FOX’s expectations, except as required by law. 

Race Recap: Java House Grand Prix of Monterey

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After six very good races in a row, IndyCar produced a rather dull show yesterday at Weather Tech Raceway Laguna Seca. The winner was never in doubt as Alex Palou won his eighth race of the season. The Chip Ganassi Racing driver should clinch the title at the next race in Portland.

Palou has a chance to finish the season with a record 11 wins should he sweep the rest of the schedule. A. J. Foyt won 10 races in 1964, and Al Unser, Sr. matched that victory total in 1970. Mario Andretti won nine times in 1969.

There were a couple of interesting on track battles, the best of which was between Colton Herta and Christian Lundgaard for second place late in the race.

Pato O’Ward did not get the start he needed from second place and had to settle for fourth place. He lost 22 points to Palou. If O’Ward does not gain 14 points on Palou at Portland, the championship is officially over.

Where is Race Control?

Once again race control dropped the ball and failed to throw an immediate yellow flag after Marcus Ericsson spun and stalled with his car sitting on the track in a dangerous spot on lap 77. It seemed to be at least a lap before the caution flag came out.

I believe the flag was held so that Alex Palou and other cars could pit. Allowing pit stops is not a good reason to withhold a necessary yellow. For those in the “No one should have their race ruined by a yellow crowd, I say, “breaks of the game.” Should a baseball umpire not call ball four on a high and wide pitch because it will spoil a pitcher’s no hitter?

Yes, Palou was the fastest car Sunday, but things happen, and the fastest car sometimes loses out because of circumstances. Ericsson’s car was in a vulnerable position and created a potential for a collision. One day, race control will get bitten by this dangerous practice of waiting to display a caution flag. I hope we don’t have to wait until something bad happens to see a change in procedures.

Ilott’s Great Drive

Callum Ilott gave Prema its best finish of the year, finishing sixth after starting 24th. He made several passes and used great pit strategy to advance. PREMA has done a very respectable job in their first IndyCar season, winning the pole for the Indianapolis 500 and now has two top 10 finishes for the season. Rookie Robert Shwartzman is just four points behind Louis Foster for Rookie of the Year.

Rookie Race

Louis Foster now leads Shwartzman by four points for Rookie honors with three races left. The pair entered yesterday’s race tied in points. Each has won a pole, Shwartzman has two top 10 finishes, while Foster’s best finish is 11th.

The rooie title will come down to the season finale at Nashville.

Laguna Seca Race Day; Tire Selections

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Alex Palou can’t clinch the title today, but he could set up a celebration in Portland. Today is probably Pato O’Ward’s last shot at keeping a title chase in play. I’m sticking with my original pick of Colton Herta to win today.

I have a commitment this afternoon, so I will watch the race this evening on replay. Look for my post race story tomorrow.

Starting Tire Selections

Qualification Results

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It is fitting that the top two drivers in the championship will start tomorrow’s race in the front row. A welcome back to the Fast Six to Will Power and Josef Newgarden. Four of the top six have won at Laguna Seca.

A 30 minute session, which will serve as the pre race warm up, will take place at 7 pm Eastern this evening. It will be shown on FS2.

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Revised Schedule: Qualifying Groups

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Practice has been canceled. The new schedule with Eastern times.

Today:
When fog lifts more, INDY NXT Quals FS1
2:30 pm: INDYCAR Quals FS1
4:30 pm: INDY NXT Race (35 Laps, 4:36p Green) FS2
7-7:30 pm INDYCAR Warmup FS2

Sunday:
1p: INDY NXT Race 2 (35 Laps, 1:06p Green) FS1
3p: INDYCAR Race FOX (95 Laps, 3:22p Green)

Qualifying groups based on yesterday’s practice:

Practice 1 Results

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A wild session with lots of off track excursions and two red flags. Alexander Rossi slid into the tire barriers and sustained some right front damage. Josef Newgarden spun off track and got stuck in the sand.

Pato O’Ward doesn’t think this title fight is over.He led most of the session.

From yhesterday:

Returning to My Roots

Practice 2 is at 11:30 Eastern and qualifying is at 2:30 Easte3rn. Both sessions are on FS1.

Results

Laguna Seca Preview

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Maximize and minimize. The final four races of the IndyCar season come down to those goals for two drivers. Pato O’Ward has to maximize the number of points each weekend to cut into the 99 point deficit he faces. Alex Palou has to minimize how many points he loses to O’Ward.

Palou won this race from the pole in 2024, his second win at laguna Seca. O’Ward has never finished higher than fifth here.

The Java House Grand Prix of Monterey begins the last quarter of the season, and it is the last race in a stretch of of five races in four weeks, and the results may further tighten Palou’s hold on the title or give O’Ward a bit more of a chance.

The picturesque track in Monterey, California, has hosted 27 IndyCar races beginning in 1983 with a 15 year gap after the 2004 race. The track served as the season finale until last year.

I received news yesterday that the famous Corkscrew sign no longer graces the hilltop near the highest point of the track. I hope there are signs to replace it.

In addition to the tiny bit of intrigue at the front of the standings, there is a terrific battle for 10th place going on. David Malukas is in 10th right now, seven points ahead of Rinus VeeKay and 19 points up on Santino Ferrucci. Malukas trails Will Power by four points for ninth place.

Only three drivers have won the last three races at this venue- Palou in 2022 and 2024; Colton Herta in 2019 and 2021; and Scott Dixon in 2023. I would not be surprised if one driver from this trio isn’t atop the podium on Sunday. I think Herta finally gets his first win of the season this weekend.

This weekend will likely be filled with 2026 schedule talk and silly season speculation, or possibly some confirmations.

This weekend’s schedule: Times are Pacific. Note Sunday’s IndyNXT race is on FS2.

Java House Grand Prix of Monterey Fast Facts

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Race weekend: Friday, July 25-Sunday, July 27
Track: WeatherTech Raceway Laguna Seca, an 11-turn, 2.238-mile permanent road course in Monterey, California
Race distance: NTT INDYCAR SERIES: Java House Grand Prix of Monterey: 95 laps / 212.61 miles | INDY NXT by Firestone: INDY NXT by Firestone Grand Prix of Monterey Race 1 & 2: 35 laps / 78.33 miles / 55 minutes (each race)
Push to Pass parameters: NTT INDYCAR SERIES: 150 seconds of total time with a maximum time of 15 seconds per activation. | INDY NXT by Firestone: A maximum of 50 activations total or 150 seconds of total time with a maximum time of 15 seconds per activation.
Hybrid energy deployment parameters: NTT INDYCAR SERIES: Unlimited activation with a maximum deployment of 415 kilojoules (kJ) per lap.
Firestone tire allotment: NTT INDYCAR SERIES: Five sets primary, five sets alternate to be used during the event weekend. Teams must use one set of primary and one new set of alternate tires unless wet conditions are declared. One additional set is available for the weekend’s first session to teams fielding a rookie driver. | INDY NXT by Firestone: Four new sets to be used during the event weekend. Two carryover sets from the Mid-Ohio event may be used during Friday’s practice sessions.
X: @WeatherTechRcwy, @INDYCAR, @INDYNXT, #JavaHouseGP, #INDYCAR
Instagram: @weathertechraceway, @INDYCAR, @INDYNXT, #JavaHouseGP, #INDYCAR
Threads: @INDYCAR, @INDYNXT Facebook: @WeatherTechRaceway, @INDYCAR, @INDYNXT, #JavaHouseGP, #INDYCAR
TikTok: @INDYCAR, #JavaHouseGP, #INDYCAR
YouTube: @INDYCAR
Event website: www.weathertechraceway.com
INDYCAR website: www.indycar.com
INDY NXT by Firestone website: www.indynxt.com
2024 race winners: NTT INDYCAR SERIES Alex Palou (No. 10 DHL Chip Ganassi Racing Honda) INDY NXT by Firestone Race 1: Louis Foster (No. 26 Andretti Global) Race 2: Louis Foster (No. 26 Andretti Global)
2024 NTT P1 Award winner (NTT INDYCAR SERIES): Alex Palou (No. 10 DHL Chip Ganassi Racing Honda), 1:07.1465, 119.988 mph
2024 INDY NXT by Firestone pole winners: Race 1: Louis Foster (No. 26 Andretti Global), 1:12.1760, 111.627 mph Race 2: Louis Foster (No. 26 Andretti Global), 1:12.4444, 111.214 mph
Qualifying records: NTT INDYCAR SERIES Christian Lundgaard, 1:06.4610, 121.226 mph, Sept. 9, 2023 INDY NXT by Firestone Christian Rasmussen, 1:11.7225, 112.333 mph, Sept. 9, 2023
FOX Sports telecasts:
NTT INDYCAR SERIES: Practice 1, 5 p.m. ET Friday, FS2 (live); Practice 2, 11:30 a.m. ET Saturday, FS1 (live); Qualifying, 2:30 p.m. ET Saturday, FS1 (live); Java House Grand Prix of Monterey 3 p.m. ET, Sunday, FOX (live).
Will Buxton is the play-by-play announcer for FOX’s coverage of the NTT INDYCAR SERIES, alongside analysts Townsend Bell and James Hinchcliffe. Georgia Henneberry, Kevin Lee and Jack Harvey are the pit reporters. A Spanish-language telecast of the race will be available on FOX Deportes.
 INDY NXT by Firestone: Practice 1, 4 p.m. ET Friday, FS2 (live); Practice 2, 6:35 p.m. ET Friday, FS2; Qualifying, 1 p.m. ET Saturday, FS1 (live); Race 1, 4:30 p.m. ET Saturday, FS2 (live); Race 2, 1 p.m. ET Sunday, FS1 (live). Kevin Lee is the play-by-play announcer for FOX Sports’ coverage of INDY NXT by Firestone alongside analyst Jack Harvey. Georgia Henneberry is the pit reporter.
INDYCAR Radio Network broadcasts: Mark Jaynes is the anchor alongside driver analyst Davey Hamilton. Jake Query and Alex Wollf are the turn announcers. Jonathan Grace, Dan Rusanowski and DJ Clark are the pit reporters. The Java House Grand Prix of Monterey race (2:30 p.m. ET Sunday) can be heard live on network affiliates nationwide. The NTT INDYCAR SERIES race, INDY NXT by Firestone races (4:25 p.m. ET Saturday and 12:55 p.m. ET Sunday), NTT P1 Award Qualifying (2:30 p.m. ET Saturday) and all NTT INDYCAR SERIES practices also air live on SiriusXM 218, www.indycar.com/leaderboard and the INDYCAR App powered by NTT DATA.
At-track schedule (all times local):
Friday, July 25
1-1:25 p.m. – INDY NXT by Firestone practice 1, FS2 (Live)
2-3:20 p.m. – NTT INDYCAR SERIES practice 1 (45 minutes for all cars, followed by two groups for 10 minutes each), FS2 (Live)
3:35-4 p.m. – INDY NXT by Firestone practice 2, FS2 (Live)
Saturday, July 26
8:30-9:30 a.m. – NTT INDYCAR SERIES practice 2 (45 minutes limited guarantee), FS1 (Live)
10-10:30 a.m. – INDY NXT by Firestone Qualifying (Two groups, 12-minutes each / Fastest lap determines the lineup for Race 1, second fastest lap determines the lineup for Race 2), FS1 (Live)
11:35 a.m. – Java House Grand Prix of Monterey NTT P1 Award qualifying (three rounds of knockout qualifying), FS1 (Live)
1:31 p.m. – INDY NXT by Firestone Grand Prix of Monterey Race 1 “Drivers Start Your Engines” 1:36 p.m. – INDY NXT by Firestone Grand Prix of Monterey Race 1 (35 laps / 78.33 miles / 55 minutes), FS2
Sunday, July 27
9:02-9:27 a.m. – NTT INDYCAR SERIES final practice, FS2 (Live)
10:01 a.m. – INDY NXT by Firestone Grand Prix of Monterey Race 2 “Drivers Start Your Engines”
10:06 a.m. – INDY NXT by Firestone Grand Prix of Monterey Race 2 (35 laps / 78.33 miles / 55 minutes), FS1 (Live)
Noon – FOX on air
12:15 p.m. – Java House Grand Prix of Monterey “Drivers, start your engines”
12:22 p.m. – Java House Grand Prix of Monterey (95 laps/212.61 miles), FOX (Live)
NTT INDYCAR SERIES championship facts: · Alex Palou leads the NTT INDYCAR SERIES championship with four races to go for the fourth time in his INDYCAR SERIES career. Palou also led the championship with four races to go in 2021, 2023 and 2024, when he won the title. Palou has led the point standings since the beginning of the season. · There are four drivers still mathematically eligible for the 2025 NTT INDYCAR SERIES championship: Alex Palou, Pato O’Ward, Kyle Kirkwood and Scott Dixon. Any driver who trails the points leader by 162 points or more following this race will be eliminated from contention. · Since the first INDYCAR SERIES race at WeatherTech Raceway Laguna Seca, the winning driver has won the INDYCAR SERIES championship in the same season seven times: Bobby Rahal (1986, 1987), Danny Sullivan (1988), Michael Andretti (1991), Alex Zanardi (1998), Cristiano da Matta (2002) and Alex Palou (2024). ·
Since 2008 when INDYCAR SERIES racing unified under the NTT INDYCAR SERIES banner, the eventual series champion has won the 14th race of the season four times. The most recent occurrence was in 2021 when Alex Palou won at Portland. Other drivers to win the 14th race of their championship season were Ryan Hunter-Reay (2012), Dario Franchitti (2009, 2010) and Scott Dixon (2008). Key championship point statistic: Since 2008, the largest deficit overcome by the eventual champion was 59 points by Dario Franchitti in 2010. Scott Dixon overcame Juan Pablo Montoya’s 54-point lead in 2015. Point differential: The 99 points separating Alex Palou and Pato O’Ward is the largest point margin with four races remaining since 2008. During that span, the average lead with four races remaining is 43.22 points. Team Penske has won six times at WeatherTech Raceway Laguna Seca. Penske’s winning drivers are Danny Sullivan (1988, 1990), Rick Mears (1989), Paul Tracy (1993, 1994) and Helio Castroneves (2000). Chip Ganassi Racing has five wins with Scott Dixon (2023), Alex Palou (2022, 2024), Alex Zanardi (1996) and Jimmy Vasser (1997). Rahal Letterman Lanigan Racing has three wins with Bryan Herta (1998, 1999) and Max Papis (2001). Twenty-four drivers entered in the event have competed in past INDYCAR SERIES races at WeatherTech Raceway Laguna Seca. Scott Dixon has seven starts, most among the entered drivers. Nine entered drivers have led laps at the track – Colton Herta 183, Alex Palou 166, Kyle Kirkwood 24, Will Power 23, Dixon 22, Pato O’Ward 15, Felix Rosenqvist 11, Alexander Rossi 10 and Josef Newgarden 10.
Rookies Jacob Abel, Louis Foster and Robert Shwartzman will race an NTT INDYCAR SERIES car at WeatherTech Raceway Laguna Seca for the first time this weekend. Foster swept the INDY NXT by Firestone doubleheader last season at Laguna Seca. Milestones: Scott Dixon will attempt to make his 353rd consecutive start, extending his INDYCAR SERIES record streak…Graham Rahal will attempt to make his 253rd consecutive start, the third-longest streak in INDYCAR SERIES history…Josef Newgarden will attempt to make his 216th consecutive start, the sixth-longest streak in INDYCAR SERIES history…Dixon passed Mario Andretti for the INDYCAR SERIES record for starts with his 408th start May 25 at Indianapolis and will extend his record to 416 with a start Sunday…Dixon’s win July 6 at Mid-Ohio Sports Car Course – his 59th INDYCAR SERIES win – extended two ongoing INDYCAR SERIES records he holds: seasons with a win (23) and consecutive seasons with a win (21). Dixon’s second-place finish July 13 at Iowa Speedway extended two additional ongoing INDYCAR SERIES records he holds: podium finishes (145) and top-five finishes (215). INDY NXT by Firestone notes: The INDY NXT by Firestone Grand Prix of Monterey doubleheader will be the series’ 31st and 32nd races at WeatherTech Raceway at Laguna Seca. Previous INDY NXT by Firestone winners at Laguna Seca include Bryan Herta, Andre Ribeiro, Greg Moore, Tony Kanaan, Cristiano da Matta, Scott Dixon, Townsend Bell, Spencer Pigot, Rinus VeeKay, Kyle Kirkwood and Christian Rasmussen. Current NTT INDYCAR SERIES rookie Louis Foster swept the Grand Prix of Monterey doubleheader in 2024. The INDY NXT by Firestone title fight between Dennis Hauger and Lochie Hughes heads west for its final doubleheader weekend when the INDY NXT by Firestone Grand Prix of Monterey hits the track on Saturday and Sunday. Hauger leads Hughes by 79 points headed into the pair of 35-lap races, with series veterans Caio Collet and Myles Rowe looking to make it a four-man sprint to the finish. The ultra-competitive 2025 season has seen four winners in nine races and seven different drivers finish on the podium. Push to Pass could play a key strategic role at Laguna Seca as INDY NXT by Firestone drivers will have a bank of 150 seconds to use an added 50 horsepower to assist in overtaking, similar to the drivers in the NTT INDYCAR SERIES. The maximum amount of time for each press of the overtake system is 15 seconds. Group qualifying will decide the starting grid on road and street circuits. Based on the best lap times from the practice session immediately preceding qualifying, the fastest driver in that session will choose which group will compete in the first of the two qualifying sessions. With 12 minutes allotted for each group (with a guarantee of one timed lap), the fastest driver between the two sessions will be awarded pole position with the drivers who finished behind that driver, in order and in that group, occupying the odd-numbered starting positions (3, 5, 7, etc.) for the race and the drivers who finished in order from the other group occupying the even-numbered starting positions (2, 4, 6, etc.). One driver and entrant championship point will be awarded to the fastest car in each qualifying group.