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Hoosier Racing Tire was founded in 1957 in Lakeville, Indiana by stock car racer Robert Newton, and Joyce Newton. Newton wished to design a faster tire compound to gain an advantage against fellow racers. This was done by retreading street tires in order to obtain a compound that would adequately gain enough traction.
Entries would additionally race on bespoke Michelin tires, and top finishers would receive contingency payouts at each race event as well as at the conclusion of the season. [5] The champion, for instance, received a cash prize of $40,000 or a $100,000 scholarship towards a seat in a Ford Mustang GT3 or GT4 entry. [6]
After years of Shelby GTs and Mach 1s and Cobra Rs, the Dark Horse leads a team of new road and race Mustangs.
During the 1950s and 1960s, Formula One tyres were supplied by Dunlop, Englebert, Firestone, Continental and Goodyear.In 1958, Dunlop introduced its R5 racing tyre, replacing the cotton fabric of the earlier R1 to R4 tyres with nylon fabric, allowing for a reported 12 lb reduction in tyre weight. [3]
The first drag racing slick was developed by M&H Tires (Marvin & Harry Tires) in the early 1950s. It was the only company in the world that produced and sold original drag racing tyres. Drag racing slicks vary in size, from slicks used on motorcycles to very wide ones used on "top fuel" dragsters.
1957: Goodyear Proving Grounds for tire testing, near San Angelo, Texas, is rebuilt [31] 1958: Production of foam-padded instrument panels begun for 1959 model cars; 1962: Goodyear racing tires used on more winning stock and sports cars than any other brand; 1963: Goodyear produces its one billionth tire
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