Fox Factory, a designer and manufacturer of shocks and other products for specialty sports and on- and off-road vehicles, released its second-quarter financial results on Aug. 8, with year-over-year net sales up 7.6%.

Although the company saw revenue increases compared to the same period last year, Fox Factory reported just $2.7 million in net income, down from $5.4 million it took in the second quarter of 2024.

“We delivered significant progress in the second quarter with $375 million in net sales, representing growth across all three segments, both sequentially and year-over-year,” says Mike Dennison, Fox’s CEO. ““We’ve built a strong foundation for enhanced profitability as we navigate an evolving tariff landscape. Our proactive cost reduction and working capital improvement initiatives are helping us manage through this period.

Q2 financial results

Net sales for Q2 were $374.9 million, an increase of 7.6%, compared to $348.5 million in Q2 last year. The company says the increase reflects an 11% increase in Specialty Sports Group sales, a 6.5% increase in Aftermarket Application Group sales, and a 4.9% increase in Powered Vehicles Group sales.

The increase in SSG sales is related to the stabilization in bike sales. The increase in AAG sales is driven by increased demand for aftermarket products, while high interest rates, high vehicle costs, and macroeconomic conditions continue to impact dealers and consumers. The increase in PVG net sales is primarily due to the expansion of the motorcycle business, which offset lower industry demand in the automotive original equipment product lines.

Total operating expenses were $98.5 million, or 26.3% of net sales, for Q2, compared to $92.4 million, or 26.5% of net sales in Q2 2024. Operating expenses increased by $6.1 million, driven by organizational restructuring initiatives, R&D, and sales and marketing to support future growth and product innovation.

Net income in Q2 was $2.7 million, compared to $5.4 million last year.

Q3 guidance

For the third quarter of fiscal 2025, the Fox Factory says it expects net sales in the range of $370 million to $390 million.

For the fiscal year 2025, in consideration of the company’s year-to-date performance and current visibility to tariff impacts, it says it expects net sales in the range of $1.45 billion to $1.51 billion.

While the impact of the tariff policies on demand remains uncertain, new and expanded tariffs are expected to continue to pose significant challenges for the industries that the Fox serves. For 2025, the company says its pre-mitigated tariff expense has increased from prior expectations of approximately $38 million to upwards of $50 million. However, Fox has identified countermeasures to partially offset these impacts and believes it can absorb this unmitigated component in its updated guidance for the full year 2025.

Natalie Decker will join the short list of female drivers to compete in NASCAR after becoming a mother, giving birth to her first child on February 5th of this year.

She will drive the No. 92 DGM Racing Chevrolet with sponsorship from Wawa. Josh Bilicki will drive the No. 91 as her teammate for the superspeedway race next weekend. The track is the site of Decker’s best showing in the Xfinity and Truck Series, as well as ARCA.

Decker has 12 previous starts in the NASCAR Xfinity Series, most recently competing at Charlotte Motor Speedway in May, 2024 (also with DGM). Her best result came in the 2024 season-opener at Daytona, finishing 18th and leading seven laps.

Natalie Decker

Photo by: James Gilbert / Getty Images

Decker’s career also includes 32 starts in the Truck Series, finishing as high as fifth in the 2020 season-opener at Daytona. That result was the best ever for a woman competing in the NASCAR Truck Series.

In 31 starts in ARCA, Decker has two top fives and nine top tens, including a pole position at Daytona in 2018. That year, she placed seventh in the standings.

Lexington, NC (August 12, 2025) – DraftKings has been designated as the exclusive sports betting operator of Kaulig Racing and Ty Dillon.

As part of the agreement, the DraftKings logo will be prominently featured on the No. 10 Chevrolet, driven by Dillon, for two upcoming races this season at World Wide Technology Raceway in St. Louis and Kansas Speedway in Kansas City.

In addition to DraftKings branding on Kaulig Racing’s No. 10 Chevrolet, the logo will also be displayed on Dillon’s fire suit, the pit crew uniforms and the team’s pit wall infrastructure in the select events.

“I am passionate about delivering fans the best experience possible, which is why it is so exciting to be working alongside DraftKings,” said Dillon. “It’s an iconic brand that’s become synonymous with innovation and fan engagement, offering a responsible and entertaining way for fans to get even more invested in the action. I’m proud to have DraftKings on the No. 10 Chevrolet, and honored to have them join us this season.”

DraftKings and NASCAR share a longstanding relationship focused on enhancing fan engagement and delivering an exceptional fan experience.

Earlier this season, NASCAR introduced the inaugural In-Season Challenge presented by DraftKings, a five-race competition designed to bring a new level of excitement to the sport. Utilizing a traditional bracket format, the top 32 drivers were matched in weekly head-to-head contests, with the field narrowing by half each round.

As the No. 32 seed, Dillon had an uphill battle from the start, but with perseverance and fight, finished the In-Season Challenge in second place.

Throughout the Challenge, Dillon faced No. 1 seed Denny Hamlin in Round 1 at Atlanta Motor Speedway, No. 17 seed Brad Keselowski in Round 2 at the Chicago Street Course, No. 8 seed Alex Bowman in Round 3 at Sonoma Raceway, No. 12 seed John Hunter Nemechek in Round 4 at Dover Motor Speedway and No. 6 seed Ty Gibbs in the Championship Round at Indianapolis Motor Speedway.

DraftKings will make its debut with Kaulig Racing and the No. 10 Chevrolet for the Enjoy Illinois 300 at World Wide Technology Raceway on Sunday, September 7, live on USA at 3:00 p.m. ET. The race will be broadcast on the Motor Racing Network and SIRIUS XM’s NASCAR Channel.

Layne Riggs | Chandler Smith
Richmond Raceway NASCAR CRAFTSMAN Truck Series Race Advance
eero 250

Date: Friday, August 15, 2025
Event: Race 18 of 25
Series: NASCAR CRAFTSMAN Truck Series
Location: Richmond Raceway (0.75-miles)
#of Laps: 250
Time/TV/Radio: 7:30 PM ET on FS1/SiriusXM channel 90

Layne Riggs Notes

The Richmond Raceway will host the NASCAR CRAFTSMAN Truck Series regular-season finale this Friday night before the Playoffs begin in two weeks at the Darlington Raceway. For Layne Riggs and the No. 34, Richmond offers the opportunity to head into the Playoffs with strong momentum. In two previous Truck Series starts, Riggs has one top-five finish, finishing fifth at the track in his 2024 rookie season.

Love’s RV STOP returns to Riggs’ Ford F-150 this weekend. Fans are encouraged to download the Love’s Connect App to unlock exclusive benefits and savings. This Summer, users can save 10¢ per gallon on gas and up to 25¢ per gallon on auto diesel, along with access to great mobile-only deals. Fans can download the app from Google Play and the Apple App Store.

“I’m looking forward to Richmond,” said Riggs. We brought a fast Ford F-150 last year and finished fifth, so we have a lot of data points to work off of and know where we can improve. With this being the regular-season finale, I want to leave Richmond with a solid result to carry us into the Playoffs.”

Road Crew

Driver: Layne Riggs

Crew Chief: Dylan Cappello

Truck Chief: Alex Lacognata

Engineer: Jonathan Coates

Mechanic: Clark Houston

Mechanic: Brandon Selph

Tire / Interior Specialist: Robert Benzenhafer

Spotter: Josh Williams

Transporter Driver: Joe Haresky

Pit Crew

Front Tire Changer: Blake Hickman

Rear Tire Changer: Steven Chereek

Tire Carrier: Alvin Wilson

Jackman: Landon Honeycutt

Fueler: Patrick Gaddy

Chandler Smith Notes

Chandler Smith faces the Richmond Raceway this Friday night with his sights set on adding another trophy to his collection. From 2022 to 2024, he’s been unbeatable at the 0.75-mile track, earning victories across both the NASCAR Truck and Xfinity Series. Smith first conquered Richmond in 2022 with Kyle Busch Motorsports in the Truck Series, then followed it up with Xfinity Series wins in 2023 with Kaulig Racing and again in 2024 with Joe Gibbs Racing.

The No. 38 team will sport a returning brand on their Ford F-150 as the Pete Store makes their 2025 season debut. A three-time Peterbilt North American Dealer of the Year (2004, 2016, and 2018), The Pete Store is a respected dealer in the transportation industry with locations spanning the eastern United States. The Pete Store offers sales, services, leasing, parts, and financing of Peterbilt trucks.

“Our expectation is to win Richmond,” said Smith. “We’re bringing a new truck this weekend, so practice will be crucial in getting it dialed in for the race. If we can qualify upfront, I know we can stay up there and compete for the win. I want to end the Regular Season with a win and head into the Playoffs with momentum.”

Road Crew

Driver: Chandler Smith

Crew Chief: Jon Leonard

Truck Chief: Ron Schutte

Engineer: Caleb Williams

Mechanic: Levy Bixler

Tire / Interior Specialist: Kyle Clark

Spotter: Ryan Blanchard

Transport Driver: Mark Hadley

Pit Crew

Front Tire Changer: Garrett Wager

Rear Tire Changer: Jacob Ray

Tire Carrier: Paul Steele

Jackman: Ryan Selig

Fueler: Chris Webb

ABOUT LOVE’S RV STOP

Love’s has been fueling customers’ journeys since 1964. Innovation and perseverance continue to lead the way for the family-owned and -operated business headquartered in Oklahoma City with nearly 40,000 team members in North America and Europe. The company’s core business is travel stops and convenience stores with 651 locations in 42 states. Love’s continues its commitment to offer products and services that provide value for professional drivers, fleets, four-wheel customers, RVers, alternative fuel and wholesale fuel customers. Giving back to communities Love’s serves and maintaining an inclusive and diverse workplace are hallmarks of the company’s award-winning culture.

ABOUT FRONT ROW MOTORSPORTS

Front Row Motorsports (FRM) is a winning organization in the NASCAR Cup and Craftsman Truck Series. The team is the 2021 Daytona 500 and 2022 Craftsman Truck Series champions. The team was founded in 2004 and is owned by successful entrepreneur, Bob Jenkins. FRM fields the No. 4, No. 34, and the No. 38 NASCAR Cup Series teams along with the No. 34 and No. 38 Craftsman Truck Series teams from its Mooresville, N.C. headquarters. Visit teamfrm.com and follow FRM on social media: Twitter at @Team_FRM, Instagram at @teamfrm and Facebook at facebook.com/FrontRowMotorsports.

NASCAR says it has no plans to limit driver celebrations in the aftermath of Xfinity driver Connor Zilisch’s fall in Victory Lane and subsequent broken collarbone.

Mike Forde, NASCAR managing director of communications, addressed the incident on the series’ “Hauler Talk” podcast released Wednesday, saying that some Victory Lane precautions would be put into place but that no new policies were being implemented.

Zilisch had recorded his series-leading sixth victory Saturday at Watkins Glen International when he climbed onto the roof of his No. 88 Chevrolet to celebrate. He slipped after apparently getting his left foot caught in the driver’s side window netting and tumbled awkwardly onto the asphalt.

The 19-year-old was taken to the hospital and diagnosed with a broken collarbone.

“Very grateful to be able to walk away from that, and I guess I didn’t walk away, but I’m very grateful to be walking today and to just be all right,” Zilisch said during the USA broadcast of the NASCAR Cup race Sunday.

Forde said NASCAR wouldn’t tell drivers not to climb on the door in Victory Lane.

“We have not put in any policies or best practices or anything like that,” Forde said.

At the same time, NASCAR will take some new precautions to avoid the specific circumstances that led to Zilisch’s fall.

“I think that was part of the problem that the window net was flapping on the outside,” Forde said. “I think Connor even said that may have been a problem, and one of our safety guys actually mentioned the same thing. So we may do just sort of a check to make sure that if that’s inside the car, it’s one less thing you can slip on.”

Zilisch underwent surgery Tuesday, and it is unclear whether he will recover in time for the Xfinity Series’ next race at Daytona International Speedway on Aug. 22. Zilisch missed a race earlier this season because of a back injury from a crash at Talladega Superspeedway, for which he received a waiver.

Forde did not say whether Zilisch would receive a waiver for the playoffs if he misses the Daytona race.

Information from The Associated Press was used in this report.

The Formula One Las Vegas GP was extended through at least 2027 on Tuesday after the Las Vegas Convention and Visitors Authority board approved a $20 million race sponsorship agreement.

The LVCVA Board of Directors voted unanimously to spend $10 million per year to sponsor the 2026 and 2027 races.

The initial contract between the LVCVA and F1 was for $6.5 million per year for the 2023, 2024 and 2025 races. That contract expires following this year’s race weekend, Nov. 20-22.

“We’re thrilled with the Las Vegas Convention and Visitors Authority’s action today, officially approving our continued partnership with the destination,” Emily Prazer, president & CEO of Las Vegas GP, said in a statement. “The strong relationships we’ve built with the tourism and business communities have made it possible for us to present one of the most exciting and anticipated races on the Formula 1 calendar. We look forward to working together for many years to come.”

NEW INCLUSIONS FOR THE NEWLY UPDATED HEINEKEN GRANDSTANDS

The FORMULA 1 HEINEKEN LAS VEGAS GP 2025, set for November 20-22, has unveiled details for its newly updated Heineken Grandstands, located in the Koval Zone by Heineken. Offering even more fan access, guests can get in on the action with all-inclusive beer, assigned bleacher seating, live music performances, driver appearances, access to the new F1 ACADEMY™ Paddock and surrounding activations, and much more.

“The Heineken Grandstands are where the action meets the party,” said Alli England, Vice President of Premium Sales and Service. “Whether you are a seasoned Formula 1® fan or just getting acquainted with the sport, this ticket will bring guests an array of entertainment options, including cheering on a favorite team as they turn into the Koval Straightaway, seeing special performances, or getting to know the incredible women of F1 ACADEMY.”

With single-day and three-day tickets available, this zone now features assigned bleacher seating with prime views of drivers battling through Turn 4 and down the Koval Straightaway.

Guests will have access to interactive fan activations in both the Koval and East Harmon Zones, including live entertainment and on-stage driver interviews at the Heineken Silver Stage. Fans will also have opportunities to explore the F1 ACADEMY Paddock, engage with surrounding fan activations, and enjoy a full tailgate experience featuring fan-favorite games like cornhole and beer pong. Food and beverage options will be available for purchase, with complimentary all-inclusive beer open to attendees 21 and over.

Fans can secure the year’s lowest prices at www.f1lasvegasgp.com:

• Three-Day: $918.76 including taxes and fees
• Thursday only: $150 including taxes and fees
• Friday only: $250 including taxes and fees
• Saturday only: $650 including taxes and fees

T-PAIN, MGK AND ZEDD TO HEADLINE T-MOBILE ZONE AT SPHERE STAGE

T-Pain, mgk and Zedd are set to light up T-Mobile Stage during the FORMULA 1 HEINEKEN LAS VEGAS GP on November 20-22. Electrifying performances from standout artists such as SOFI TUKKER, Jess Glynne, Cimafunk, Balu Brigada, Cassian and more will bring the energy to this electric weekend-long party.

Fans will step into a festival-like atmosphere underneath the glow of Las Vegas’ stunning Sphere. T-Mobile Zone at Sphere ticket holders can witness the thrilling musical lineup, engage in race-day activations and enjoy premium views of some of the most challenging turns of the race, including Turn 5G and the chicane spanning turns 7 through 9.

“While the action on the Las Vegas Strip Circuit® is the main event, the T-Mobile Zone at Sphere elevates the experience with its incredible fan zone entertainment,” said Emily Prazer, President and CEO of Las Vegas GP, Inc. “Las Vegas is an entertainment hub within itself, so it was only fitting to bring together some of the music industry’s best to create an unmatched concert experience for race weekend. Paired with the jaw-dropping graphics of the Exosphere and incredible views of the track, T-Mobile Zone at Sphere has the best of all worlds.”

The headlining artists for T-Mobile Stage include:

• Saturday, November 22 – T-Pain: GRAMMY® Award-winning artist, producer, songwriter, entrepreneur and global cultural icon T-Pain has not only changed the course of pop, hip-hop and R&B but also reshaped the fabric of culture itself.  He’s sold over 50 million singles, accumulated billions of streams, racked up 10 iconic #1s on the Billboard Hot 100 and captivated the world with his charismatic live performances, earning a reputation as a global phenomenon.
• Friday, November 21 – mgk: mgk is a GRAMMY®-nominated, multi-platinum recording artist from Cleveland, Ohio, who transcended genre with his 2020 platinum Rock/Pop Punk album, Tickets to My Downfall, which not only topped the Billboard 200 but also landed 18 tracks on the Hot Rock Songs chart and spawned two platinum No. 1 alternative hits: “bloody valentine” and “my ex’s best friend.” He continued his chart-topping success with mainstream sellout in 2022, his second album to hit No. 1 on the Billboard 200, which earned a 2023 GRAMMY® Award nomination for “Best Rock Album,” and fans can anticipate his next album, lost americana, on August 8, 2025; his extensive accolades include multiple MTV VMA’s, Billboard Music Awards, and American Music Awards, in addition to being named to the Time 100 Next List.
• Thursday, November 20 – Zedd: Multi-platinum hit-maker and GRAMMY® Award-winning artist, Zedd, has reached mainstream success with his electronic dance music hits. His 2012 hit, “Clarity,” reached number 8 on the Billboard Hot 100, and since then, he has collaborated with huge names such as Selena Gomez and Maren Morris, as well as co-written and produced Ariana Grande’s “Break Free.”

Guests with ticketed experiences in the T-Mobile Zone at Sphere will have access to these performances and exclusive fan activations, including T-Mobile Club Magenta, offering premium views and perks for T-Mobile customers thanks to Magenta Status, plus food and beverage available for purchase. Ticket options available in the T-Mobile Zone at Sphere include:

• T-Mobile Grandstands: Three-day ticket with assigned seats in the T-Mobile Zone at Sphere.
• T-Mobile General Admission: Three-day ticket with standing-room-only views and access to viewing platforms on a first-come, first-serve basis.

Additional entertainment, such as the Heineken® Silver Stage acts, the LIV on the Grid DJ lineup and other performance offerings will be announced in the coming months.