Indianapolis Motor Speedway Archives

Roger Penske sells a third of Indianapolis Motor Speedway and IndyCar to Fox

Penske Entertainment has sold a one-third interest in the company to FOX. The deal is described as a strategic investment to boost IndyCar’s growth. It includes a multi-year contract extension for Fox Sports’ media rights. Penske expects this move to lead to innovative racing events and enhanced promotion for IndyCar drivers. Roger Penske says the partnership is based on trust and a shared vision. FOX Sports CEO Eric Shanks, an IndyCar fan, is excited about the investment. IndyCar viewership has increased significantly this season. The sale that was announced on Thursday also provides some clarity on Penske’s succession plans.… Continue Reading

Keanu Reeves spins out at Indianapolis Motor Speedway in pro auto racing debut

INDIANAPOLIS (AP) — Hollywood star Keanu Reeves made his professional auto racing debut in an event in which “The Matrix” star spun out at famed Indianapolis Motor Speedway. Reeves spun into the grass Saturday without a collision on the exit of Turn 9 a little more than halfway through the 45-minute race. He re-entered and continued driving, signaling he was uninjured. Reeves, who is 60 years old, is competing at Indianapolis in Toyota GR Cup, a Toyota spec-racing series and a support series for this weekend’s Indy 8 Hour sports car event. He has a second race Sunday.… Continue Reading