I have written or edited about the auto industry on and off (mostly on) since 1985, first at The Indianapolis Star then, for more than a dozen years, at Bloomberg News in Detroit, followed by almost nine years at SME Media.
Roger Penske , 87, is teaming up with Rupert Murdoch , 93.The move comes as IndyCar faces long-term challenges. IndyCar was long ago surpassed in popularity by NASCAR among U.S.-based racing series. In recent years, European-based Formula One has built up its American presence and now holds three races in the U.S.
The largest IndyCar event, the Indianapolis 500, will have a five-hour window on Fox, according to the announcement.
Rupert Murdoch Indycar Indianapolis 500 Indianapolis Motor Speedway Fox Sports
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