Fox Corp. has acquired one-third of Penske Entertainment, owner of auto racing’s IndyCar Series and Indianapolis Motor ...

Joey Logano recounts Brickyard 400 heartbreak as a late flat tire ruins his Indy dream after an unconventional car restart.

Michelle Hulgrave, EVP & CFO, reported, "For the 6 months ended June 30, 2025, we generated $472 million in cash flow from operations and EBITDA was $800 million. On a trailing 12-month basis, EBITDA ...

The McLaren CEO Zak Brown recently spoke about replicating the same success as the Formula One team with IndyCar. He also ...

Higher rent and a less lucrative mix of profitable financing commissions can cause Penske to incur more SG&A expenses as a percentage of gross profit than peers. However, when rent expense is excluded ...

Penske Automotive beat Q2 earnings estimates but missed on revenue, while gross margins and service profits hit record highs.