Remove the prime rib from the fridge about 3 hours before you plan on cooking it.
Liberally season the meat with salt and pepper on all sides and loosely wrap it back up in the butcher paper.
Let the prime rib sit on the counter and come to room temperature for at 3 hours.
Heat your oven to 350°F.
Make small slits in the prime rib and stuff each slit with a slice of garlic.
Place the prime rib on a roasting rack that is set inside of a roasting pan.
Roast the prime rib for about 2 hours or until the internal temperature reaches 130°F.
Remove the prime rib from the oven, transfer it to a large platter (keep all the drippings in the bottom of the pan), and tent it with foil to keep it warm.
Let the prime rib rest for at least 20 minutes while you make the au jus.
Using potholders, remove the rack from the roasting pan and position the pan over two stove burners set to high heat.
Add the red wine to the drippings in the pan and cook over high heat, scraping the bottom of the pan with a wooden spoon until the sauce is reduced.
Add in the beef bone broth and cook until it is reduced by half.
Whisk in the fresh rosemary and thyme and season the sauce with salt to taste.
Slice the rested prime rib to your desired thickness, plate, and pour the au jus over top.