Penske sells one-third of IMS, IndyCar to Fox

Penske Entertainment, the Roger Penske-owned entity that holds Indianapolis Motor Speedway and IndyCar among its assets, said Thursday it has sold one-third interest in the company to FOX.

Verstappen warned for throwing out the towel

Max Verstappen’s Red Bull team received a warning from the stewards at the Hungarian Grand Prix after the world champion discarded a towel from the cockpit of his car while driving on track in Friday practice.

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