Ownership changes

Roger Penske looks over the track from the grandstand at Indianapolis Motor Speedway in Indianapolis, Thursday, July 2, 2020. Penske has spent the six months since he bought Indianapolis Motor Speedway transforming the facility. He's spent millions on capital improvements to the 111-year-old national landmark and finally gets to showcase some of the upgrades this weekend as NASCAR and IndyCar share the venue in a historic doubleheader. (AP Photo/Jenna Fryer)
July 03, 2020 - 4:04 pm

'His Mona Lisa' - Penske adds golden touch to iconic Indy

INDIANAPOLIS (AP) — The purists can relax: Roger Penske did not remove troughs from the men's bathrooms at Indianapolis Motor Speedway. He replaced them, of course, with the shiniest, sleekest basins on the urinal market, thus preserving one of the speedway's treasured if unusual features while...
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Manchester City players celebrate with Ilkay Gundogan, center, after he scored his side's first goal during the group C Champions League soccer match between Manchester City and Shakhtar Donetsk at the Etihad Stadium in Manchester, England, Tuesday, Nov. 26, 2019. (AP Photo/Dave Thompson)
November 28, 2019 - 6:16 am

Man City owners expand worldwide portfolio with Mumbai deal

MANCHESTER, England (AP) — Manchester City’s Abu Dhabi ownership has expanded its portfolio of worldwide soccer clubs to eight by buying a majority stake in Indian Super League team Mumbai City FC. City Football Group, of which English champion Man City is the flagship team, says it has acquired 65...
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A young fan waves a flag as he watches the celebration in Victory Lane after a NASCAR Cup Series auto race at Talladega Superspeedway, Monday, Oct 14, 2019, in Talladega, Ala. (AP Photo/Butch Dill)
October 18, 2019 - 2:09 pm

NASCAR closes $2B purchase of International Speedway Corp.

DAYTONA BEACH, Fla. (AP) — NASCAR closed its $2 billion purchase of International Speedway Corp. on Friday, bringing under the sanctioning body's control 12 tracks that include Daytona, Talladega and Miami-Homestead Speedway. The merger was announced in May and shareholders voted to approve it on...
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August 26, 2019 - 5:05 pm

Ineos completes takeover of French club Nice

NICE, France (AP) — A company led by British billionaire Jim Ratcliffe has completed a takeover of French league club Nice. Chemicals giant Ineos and the French club both confirmed the deal on Monday, making Nice the latest sports acquisition by the London-based company. Ratcliffe, Britain's...
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FILE - In this Nov. 1, 2018, file photo, Pro Football Hall of Fame president David Baker speaks during halftime of an NFL football game between the San Francisco 49ers and the Oakland Raiders in Santa Clara, Calif. Baker wants the Hall of Fame village to become a Disney World for football. To that end, a merger is planned to boost financing. The price tag has risen to nearly $900 million. (AP Photo/John Hefti, File)
August 03, 2019 - 11:15 am

Plan for Hall of Fame Village: a Disney World for football

CANTON, Ohio (AP) — David Baker envisions the Pro Football Hall of Fame Village as a Disney World for football. Baker, the hall president, and Mike Crawford, the village's CEO, hope to have construction resume before the end of the year. That's provided a planned merger with an acquisition company...
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A fan follows events from the roof of a camper during the NASCAR Cup Series auto race at Kansas Speedway in Kansas City, Kan., Saturday, May 11, 2019. (AP Photo/Orlin Wagner)
May 22, 2019 - 5:48 pm

NASCAR strikes $2B deal with ISC, will gain a dozen tracks

NASCAR announced the $2 billion purchase of International Speedway Corp. on Wednesday, an aggressive move to gain control of key racetracks and set itself up for sweeping changes that could save America's most popular racing series. The deal is expected to close by the end of the year. ISC owns 12...
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Brad Keselowski crosses the finish line to win the NASCAR Cup Series auto race at Kansas Speedway in Kansas City, Kan., Saturday, May 11, 2019. (AP Photo/Colin E. Braley)
May 22, 2019 - 12:54 pm

The Latest: NASCAR 'pleased' with $2B deal with ISC

The Latest on NASCAR's $2 billion deal to acquire International Speedway Corp. (all times Eastern): 12:30 p.m. NASCAR is calling its $2 billion deal with International Speedway Corp. a merger. The stock car series says it is "pleased with the progress" the "merger agreement" represents. NASCAR...
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