Howard Hughes near his Hughes Racer at Newark Airport after breaking the coast-to-coast record from Burbank to Newark in 7 hours, 28 minutes, 27 seconds. The distance he covered was 2490 miles while he was going an average speed of 332 mph. This record bettered his previous record by two hours.
Description given on piece of paper attached to the image: "Chicago reception for Howard Hughes after completing his Round the World flight. Hughes is in the center of the car leading the parade."