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Carl Fisher, who later founded the Indianapolis Motor Speedway, had ambitions of contesting the Vanderbilt Cup, and in 1905 George Weidely built an 923 cubic inches (15.13 L) air-cooled prototype Premier race car for him. Unfortunately the car was disqualified for being 60 pounds overweight, but had tested at doing a quarter mile in 10 seconds. [1]
The pace car (a Chevrolet Corvette) leads the field past an accident site at the 2007 Indianapolis 500. The Indianapolis 500 auto race has used a pace car every year since 1911. The pace car is utilized for two primary purposes. At the start of the race, the pace car leads the assembled starting grid around the track for a predetermined number ...
New car prices fell 0.2% in July and 1.4% from the prior year. Compared to their peak in February 2022, prices paid for used vehicles are now down 19.4%. Used car prices rose more than 40% ...
The Overland Automobile department was founded in Terre Haute, Indiana, by Claude E. Cox, when Charles Minshall of Standard Wheel Company decided to expand into automobile manufacturing. Standard Wheel were major suppliers of wheels to the carriage industry. Cox, a recent graduate of Rose Polytechnic Institute, developed a gasoline runabout in ...
Frontenac Motor Corporation was a joint venture of Louis Chevrolet, Indy 500 winner Joseph Boyer Jr., Indianapolis car dealer William Small, and Zenith Carburetor president Victor Heftler. Per articles of Incorporation on file in the Michigan State Archives, it was founded in Detroit in December 1915. [1] [2] The company focused on building ...
For a stock price above $40 per share, the option expires worthless and the put seller keeps the full value of the premium, $300. Between $37 and $40, the put is in the money and the put seller ...
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