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Driving Towards a New Horizon: FOX and Penske Entertainment Forge a Powerful Alliance

A Landmark Investment for IndyCar's Progression

In a pivotal development for American motorsport, FOX Corporation has secured a one-third ownership interest in Penske Entertainment. While the financial specifics remain undisclosed, this substantial acquisition is poised to be a catalyst for the IndyCar Series' sustained expansion and evolution.

Synergy and Shared Objectives: Roger Penske's Vision

Roger Penske, Chairman of Penske Corporation, lauded the collaboration as a testament to shared aspirations for the sport's future. He emphasized FOX's deep understanding of IndyCar's immense potential and their eagerness to actively contribute to its growth trajectory. The partnership underscores a mutual commitment to advancing IndyCar, with key figures like Lachlan Murdoch and Eric Shanks bringing fresh energy and groundbreaking ideas to the table.

Innovating the Future of Racing and Fan Engagement

The core objective of this alliance, as outlined in the official announcement, is to invigorate IndyCar's future. This includes fostering advancements in racing technology, implementing captivating content strategies, upgrading digital platforms for a more immersive experience, and elevating driver personalities to achieve broader recognition.

Solidifying Broadcast Leadership: FOX Sports' Enduring Commitment

This agreement also cements FOX Sports' position as the long-term broadcasting partner for the series. This comes on the heels of an exceptionally strong 2025 season, which witnessed significant audience growth. The Indianapolis 500, in particular, achieved its highest viewership in 17 years, drawing an average of 7.01 million viewers, contributing to an impressive 31% year-over-year increase in overall season ratings.

A Vision for Expansion: New Venues and Continued Growth

Eric Shanks, CEO and Executive Producer of FOX Sports, expressed immense enthusiasm for joining IndyCar's ownership, highlighting the sport's passionate fanbase, legendary venues, and compelling competition. He affirmed that this investment reflects FOX's dedication to motorsports and their confidence in IndyCar's capacity for continued development, both on and off the track. A notable upcoming expansion includes a new street race in Arlington, Texas, in 2026, a pioneering joint venture with the Dallas Cowboys and Texas Rangers in U.S. motorsports. Additionally, the forthcoming schedule is anticipated to feature a race at the Autódromo Hermanos Rodríguez in Mexico City.

IndyCar's Next Chapter: From Acquisition to Innovation

Penske Entertainment initially took ownership of IndyCar and the Indianapolis Motor Speedway in November 2019 from the Hulman-George family, marking a significant turning point. Now, with FOX joining its ranks, IndyCar is poised to embark on its most exciting phase yet. The first event under this strengthened leadership will be the Grand Prix of Portland, scheduled for Sunday, August 10.

Hyundai Motorsport has put to rest lingering uncertainties by confirming its commitment to the World Rally Championship for the 2026 season. This pivotal announcement, made on the eve of the highly anticipated Rally Finland, provides crucial clarity for the team's immediate future in the premier rallying competition. The decision is underpinned by recent positive developments and the essential support from the FIA regarding technical regulations, allowing Hyundai to focus on vehicle enhancement and maintaining a competitive edge. This extended participation also strategically positions Hyundai Motorsport as they prepare for significant rule overhauls anticipated in 2027, ensuring a robust foundation for their long-term vision within the sport.

Hyundai Extends Rally Commitment Amidst Regulatory Stability and Development Opportunities

In a significant development for the World Rally Championship, Hyundai Motorsport definitively announced its continuation in the series for the 2026 season. This eagerly awaited news, unveiled on July 31, 2025, right before the commencement of the thrilling Rally Finland, brings an end to a period of considerable speculation surrounding the Korean manufacturer's future in the sport. Rumors had been circulating for several months, particularly following Hyundai's strategic move into the World Endurance Championship under the Genesis brand from next year. However, recent encouraging statements from Hyundai’s leadership had hinted at this positive outcome.

Cyril Abiteboul, the esteemed president of Hyundai Motorsport, articulated the company's position in a concise statement: \"We are pleased to confirm that Hyundai Motorsport will continue its participation in the FIA World Rally Championship in 2026.\" He emphasized that this decision is a direct reflection of the impressive momentum achieved in recent events and the crucial regulatory backing provided by the FIA. This support will empower Hyundai to further refine its Rally1 vehicle, ensuring its continued competitiveness at the highest echelons of the sport. Furthermore, this additional season grants the team invaluable time to meticulously plan and solidify the long-term trajectory of Hyundai Motorsport.

The announcement closely follows the WRC's release of its 2026 calendar, and it aligns with the FIA's affirmation that the current Rally1 technical regulations will remain in effect until the conclusion of their intended homologation cycle next year. Adding another layer of positive reinforcement, the FIA also declared that all Rally1 teams would receive two additional homologation 'jokers.' These invaluable allowances can be utilized to implement comprehensive upgrades across all aspects of their vehicles, fostering continuous innovation and performance improvement.

Speaking on the matter, FIA technical director Xavier Mestelan Pinon, during a media briefing, expressed confidence in the manufacturers' continued involvement. He stated, \"There are no official registrations yet made, but there is no reason to think that somebody should be leaving the championship.\" Pinon highlighted that the provision of two new jokers for vehicle upgrades, a request that came not solely from Hyundai but from all manufacturers, played a crucial role in solidifying this confidence. He affirmed that this measure effectively addressed the collective needs of the teams, ensuring their comfort and sustained engagement within the championship.

The confirmation of Hyundai's continued presence in the WRC injects a vital dose of stability and excitement into the series. It underscores the collaborative efforts between manufacturers and governing bodies to foster a healthy and competitive environment, ensuring the thrilling spectacle of world-class rallying endures for enthusiasts globally.

From a journalist's perspective, this news is more than just a calendar update; it's a testament to the resilience and enduring appeal of the World Rally Championship. In an era where motorsport faces constant evolutionary pressures, Hyundai's renewed commitment, especially with the strategic WEC foray, speaks volumes about the value they place on WRC. The FIA's proactive approach in offering "homologation jokers" demonstrates a commendable willingness to adapt and support teams, acknowledging their needs for development and competitiveness. This collaborative spirit between governing bodies and manufacturers is paramount for the sport's long-term health and growth. It's a clear signal that WRC is not just surviving, but thriving, with key players dedicated to its vibrant future. For fans, this translates into continued high-octane action and technological innovation on the global stage.