William Durant, co-founder of General Motors and Chevrolet, acquired a controlling share of Locomobile on this day in 1922 and incorporated the 23 year old company into the one year old Durant Motors.
Locomobile was formed in 1899 and built steam cars until 1903. Locomobiles, like this 1920 Touring Car, were luxury vehicles. Durant purchased the company to form a rival against Cadillac, Rolls-Royce and the like. Durant’s dreams were extinguished with the 1929 stock market crash, the same year Locomobile went out of business.
Italian F1 driver Luigi Musso was born on this day in 1924. His first and only GP win came at the 1956 Argentina Grand Prix. He died as a result of injuries sustained during an accident at the 1958 French Grand Prix when he lost control of his Ferrari.
Watkins Glen Grand Prix Raceway in Watkins Glen, New York hosted a world record crowd on this day in 1973, but it wasn’t for a race.
Some 600,000 people gathered at the race track for a concert billed as Summer Jam at Watkins Glen.
One out of every 350 Americans packed the grounds to watch The Band, The Allman Brothers and The Grateful Dead. In a scene reminiscent of Woodstock four years earlier, concertgoers had to abandon their vehicles as far as eight miles from the venue due to traffic.
Notorious prohibition era gangsters Bonnie and Clyde lost their life in a 1934 Ford V8.
On this day in 1973 that very car hit the auction block and sold for $175,000.