Tidbits of the Rogue Valley Vol 2 Issue 21

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May 25, 2016

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INDY 500

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by Kathy Wolfe The 100th Indianapolis 500 is scheduled for May 29, 2016. What do you know about the history of this race and its venue? Tidbits will get you “in the know”! • The Indianapolis Motor Speedway was the vision of Indianapolis business Carl Fisher, who first came up with the idea in 1905. Along with three partners, he purchased Pressley Farm, a 328-acre level piece of ground about 5 miles (8 km) outside of the city, for $72,000. Construction on the 2.5mile (4.0 km) oval track began in March, 1909. Five hundred workers, 300 mules, and a fleet of steam-powered machinery labored to reshape the land. The track was graded, and covered with packed soil, 2 inches (5 cm) of gravel, 2 inches (5 cm) of limestone, and coated with tar and oil. Another 2 inches of crushed stone chips were added, more tar and oil, and a final covering of crushed stone. Grandstands with 12,000 seats were built to accommodate racing fans. • When the Speedway was built, the average price of a new car was $1,280, and a gallon of gas could be purchased for 6 cents. • On June 5, 1909, the first event was held at the Speedway, although the oval hadn’t yet been completed. Nine helium-filled balloons took to the skies before 40,000 people competing for trophies. Two months later a series of motorcycle races were held.

Volume 2 Issue 21

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