Paul Goldsmith’s Finest Indianapolis 500 …

Posted: May 26, 2010 in Uncategorized

Region Racers at the Indianapolis 500
Munster’s Goldsmith part of ‘Greatest 500 Ever’ in 1960

By: Wm. LaDow
Daily Trackside Reports from the Indianapolis Motor Speedway
Originally published in the Post-Tribune – Chicago Sun-Times New Group – May 25, 2010


Since 1909, the Indianapolis Motor Speedway has been the site of more drama than any other racing venue on earth. Every month of May brings a long list of stories, all of them beginning with optimism, many of them involving crisis and only a handful ending in elation.

One common denominator every May is that almost everyone remembers the winner and almost no one remembers the back story, the heart of the race itself.

True followers of this century-long Hoosier tradition get the most out of these races because even after the checkered flag, the stories behind the 33 individual drivers logging 500 miles around the world’s fastest race track remain to be compelling. Whether you follow the race either in person, on television or listening on the radio, you get an amazing insight to the dramatic pace this of three-hour soap opera.

Many fondly remember Rufus “Parnelli” Jones as the Indy winner from 1963. But few recall that many believe he should have been black-flagged for dangerously leaking oil on the track (and causing two wrecks) in the late stages of the race, opening the door for Jimmy Clark to be the true victor.

In 1995, Jacques Villeneuve needed 505 miles to win the Indy 500 after being penalized two laps early in the race for passing the pace car under yellow. His run back up to the front was breathtaking, but his victory wasn’t assured until the checkered flag, after his closest competitor, Scott Goodyear had been black flagged for the same offense.

In 1972, after “Region Racer” Gary Bettenhausen of Tinley Park led for 138 of the first 175 laps, Jerry Grant, driving a Dan Gurney Eagle (under the banner of Chris Vallo Enterprises) appeared to have the race won when he pulled in for fuel and tires on lap 188.

Grant mistakenly pulled into his teammate Bobby Unser’s pit and when he went back out on the track was black-flagged for the remainder of the race.

Mark Donohue was the victor giving Roger Penske his first of 15 Indy wins.

That leads us to the story of what is believed to be by many, the greatest Indianapolis 500 ever.

In 1960, the Indianapolis 500 Roadster era was in its prime — cars that men like Munster’s Paul Goldsmith wrestled around this behemoth of a racecourse that still had much of its main straightaway composed of the bricks originally laid down in the early part of the 20th century.

The defending champion that year was the legendary Rodger Ward, who had topped Jim Rathmann for the win in 1959.

When “Goldy” returned to Indy in 1960 he was once again the pilot of the Quin Epperly-built Demler No. 99 laydown roadster being campaigned by Nichels Engineering, a car with a great pedigree whose history included finishing second in 1958 and fifth in 1959 (with Goldsmith behind the wheel).

During the cold, rainy, windy May weather of 1960, the Nichels team just couldn’t find any speed in practice with Goldsmith becoming increasingly concerned about his ability to qualify.

Concern soon grew to alarm when the car failed to make the race during the first three days of qualifying. In fact, on one attempt, Nichels chose to yellow flag “Goldy” after just two qualifying laps at speeds just over 143 miles per hour, since Rathmann had qualified in the front row at 146.371 mph and had Ward right next to him at 145.560 mph.

Goldsmith finally made the starting grid at 142.783 mph, the very last car to make the race, finishing his last lap as the gun sounded ending the final day of qualifications.

On race day, Goldsmith started 26th on the grid and by the 28th lap was 10th as the first 50 miles brought a new race record of 144.866 mph.

By the time of his first pit stop, Goldsmith had risen to an unbelievable sixth in a 500 that was running a pace faster than ever before. Goldy was driving the tires right off the car as he continued to move up through the field.

Rathmann and Ward traded the lead an unbelievable 15 times over the last 78 laps of the extremely fast race. They had started in the front row together and battled all afternoon in a race that lasted just over three and a half hours.

So at the end of the day, who captured third place behind those two front runners in this classic Indy 500?

It was Paul Goldsmith, in what can only be described as one his quietest, most successful Indy drives ever.

Goldsmith started 26th, had four pit stops (Rathmann and Ward only had three each) yet finished the day in third spot to earn himself a nice $24,350 purse.

Many true race fans may recall one of Goldsmith’s many victories over the many years that he raced motorcycles, stock cars and IndyCars.

But almost no one recalls the tremendous race he drove on that May afternoon 56 years ago.

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