News

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.
Penske’s retail commercial truck business saw a 2% increase in unit sales and a 6% rise in revenue to $943.6 million. The company’s investment in Penske Transportation Solutions contributed $53.5 ...
The 2025 Brickyard 400 delivered buzzy drama and historic significance. The post Kevin Harvick Tells NASCAR Series To ...
The Detroit mayor’s donations raise big questions about his political realignment as he runs for governor as an independent ...
Most incredibly successful business executives have distinct qualities. Intellect and skill come into play, but so does ...
Doug Boles had "a big event" in California and then hosted the Brickyard 400 at IMS. Here's how he balanced a busy weekend traveling between events.
No matter the racing series, the Indianapolis Motor Speedway has not been kind to Team Penske in 2025, which is ironic, considering the speedway is owned by Roger Penske.