FORD MOTOR COMPANY

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Hamlin to lead field to green at hot Nashville Superspeedway

06/25/2022 | 02:53pm EDT

LEBANON, Tenn. (AP) — Denny Hamlin was awarded the pole at Nashville Superspeedway when a surprise rain shower washed out the second round of Saturday qualifying.

The session was halted right before the fastest 10 drivers were set for the shootout to determine who will lead the field to green Sunday. It will be Hamlin in his No. 11 Toyota for Joe Gibbs Racing on the front row next to Joey Logano in the No. 22 Ford for Team Penske.

Gibbs and Penske are two of the elite Cup organizations who have struggled some this year with the introduction of the new Next Gen stock car. The car has been an equalizer that has allowed smaller teams to compete — for example, both Daniel Suarez and Ross Chastain of Trackhouse Racing advanced to the second round ahead of the rain.

The top 10 consisted of three Toyota drivers, three Ford drivers and four Chevrolet drivers. From the Chevy camp, Hendrick Motorsports teammates Kyle Larson and Chase Elliott locked up third and fourth. Larson is the defending race winner and reigning Cup champion.

Suárez, who earned the first Cup win of his career at Sonoma this month, will start fifth. Ryan Blaney of Penske is sixth, followed by Chastain.

Kevin Harvick had a surprisingly strong run in the No. 4 Ford for Stewart-Haas Racing to land eighth, followed by JGR teammates Christopher Bell and Martin Truex Jr., who announced he's returning to the team next year.

Bubba Wallace was fastest in Friday practice but briefly wiggled during his qualifying lap and will start 30th. Kyle Busch had the worst day of the four Gibbs drivers: Busch spun on his lap and hit the wall, and he'll start at the back of the field Sunday.

___

More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports

© 2022 The Canadian Press. All rights reserved., source Canadian Press DataFile

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Financials (USD)
Sales 2022 147 B - -
Net income 2022 3 145 M - -
Net cash 2022 12 752 M - -
P/E ratio 2022 21,6x
Yield 2022 3,16%
Capitalization 62 314 M 62 314 M -
EV / Sales 2022 0,34x
EV / Sales 2023 0,29x
Nbr of Employees 183 000
Free-Float 98,0%
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Number of Analysts 23
Last Close Price 15,50 $
Average target price 17,02 $
Spread / Average Target 9,77%
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Managers and Directors
James D. Farley President, CEO, Director & President-Model E
John T. Lawler CFO-Ford Asia Pacific & Africa
William Clay Ford VP & Head-Commercial Truck Vehicle Center
Douglas Field Chief Advanced Technology Officer
Michael R. Amend Chief Digital & Information Officer
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