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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 ...
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.
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 ...
Team Penske struggles at Indianapolis 2025 as tire failures dash hopes in Brickyard 400, continuing their challenging season.
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.
Gibbs claimed the $1 million prize as the winner of the inaugural NASCAR Cup Series In-Season Challenge on Sunday. The ...
Pato O’Ward put his No. 5 Arrow McLaren Chevrolet on the front row for the JAVA HOUSE GRAND PRIX OF MONTEREY for the NTT ...
Joey Logano is no different from any other Team Penske driver in understanding the significance that the Indianapolis Motor ...
Speedway, Indiana Track length: 2.5 miles When: Sunday, 2 p.m. ET Where to tune in: TNT Sports/truTV, HBO Max, IMS Radio, ...