It's racing month and you would be hard pressed to find someone that hadn't heard of the Indianapolis 500. But finding someone that knew how this 2.5 mile oval racetrack came to be, is a different story. So, today, we are taking a look at the four men that became responsible for the home of the Greatest Spectacle in Racing - Carl G. Fisher, James Allison, Arthur Newby, and Frank Wheeler.
We will begin with Carl G. Fisher as he was the visionary behind the Speedway. Carl Graham Fisher was born in Greensburg, Decatur County, Indiana on January 12, 1874 to parents Albert Harvey Fisher (1847-1921) and Ida M. Graham Fisher (1848-1925). He had two brothers, but I don't have any information on their names, but he opened a bicycle shop with them when he was about seventeen. This led to his love of bicycle racing as well as the emerging automotive industry. He was said to have purchased the first car, a De Dion Bouton, in Indianapolis in 1898. His love of bicycle racing shifted to auto racing and early in 1904, he set a world's record racing on a dirt track, driving two miles in just over two minutes.His love of cars and racing innovations led him to open an automobile showroom in 1902 at 330 North Illinois Street. It was here that he sold and serviced cars manufactured in Indianapolis - Premier and Winton. A few years later, he moved this operation to 400 North Capitol Avenue. Here he sold Stoddard-Dayton, Maxwell and Nationals. This building, unfortunately, is no longer there.
In 1904, he and his friend James Allison bought an interest in a US patent to manufacture acetylene headlights. These headlights used a compressed acetylene system to light these headlamps. Unfortunately, the testing that happened to make these headlights lead to some explosions at the facility where they were being manufactured, so they moved their operations to some farmland south of Crawfordsville Road. This new location for the manufacturing of the headlights was located across the road to the track where they were testing automobiles.
The first event that was held at the newly founded Indianapolis Motor Speedway was a balloon race. Fisher participated in this event, but he did not win, losing to John Berry and Paul McCullough in the University City Balloon. But the true purpose of this track was to serve as a testing facility for the rapidly growing local auto industry. Indianapolis ranked fourth in the nation around this time for the production of automobiles. By 1913, it would rank second.
The need for this track was in part because the availability of automobiles and the technology used to create them was rapidly outpacing the conditions of the roads that they were being driven on. So Fisher and Allison, along with their two friends Arthur Newby and Frank Wheeler built the huge "motor parkway" that would eventually become the Indianapolis Motor Speedway.
Carl Fisher married Jane Watt (also spelled Watts) (1887-1968) in 1909 when she was only 15 years old, breaking off his previous engagement to an unnamed woman. She became the hostess of their estate, Blossom Heath, which was located on Cold Spring Road. In 1922, he sold the estate, but it still stands, sitting on land as part of Marian University. They were married until 1926 when they divorced after he disapproved of her adopting a young child. Their union only produced one natural child, Carl Graham Fisher, Jr (1921-1921) who is buried in the Fisher vault in Crown Hill Cemetery along with his father.
Fisher was married a second time, this time to Margaret Eleanor Collier Fisher Lyon (1894-1963), his secretary. They were married until his death.
In the early 1910s, the motor club that Fisher helped found in 1902, the Hoosier Motor Club, joined with him in forming the Lincoln Highway Association. This group set out to create a transcontinental highway more suited for automobiles. After the success of this project, he then helped with the formation of the Dixie Highway.
In 1912, Allison and Fisher platted the town of Speedway on the land west of the track and the Prest-O-Lite factory. The following year, the two partners sold their company to Union Carbide for a whopping $9 million dollars.
After Fisher sold his estate in 1922, he made the move to Florida, using his knowledge and fortune to buy up a plot of swampland. This land eventually became what we now know as Miami Beach.Carl Fisher died on July 15, 1939 in a Miami Beach Hospital of a stomach hemorrhage, brought on by
an prolonged illness, likely compounded by his alcoholism. He brought back to Indianapolis and interred in Crown Hill Cemetery.
![]() |
Indiana Historical Society |
Fisher's friend, James Asbury Allison is next on our list. He was born on August 11, 1872 in Marcellus, Cass County, Michigan to Noah Samuel Allison (1871-1914) and Myra Jane Black Allison (1847-1931). Both of his parents are buried nearby in Crown Hill Cemetery in Indianapolis, Marion County, Indiana. James had three siblings that I have been able to find, all buried in Crown Hill Cemetery: Wallace Samuel Allison (1871-1914), Delmore C. Allison (1874-1916) and Herbert Cleland Allison Sr. (1878-1918).
James' father, Noah, was originally from Indianapolis and was involved in various enterprises before establishing the Allison Coupon Company. James left school at the age of 12 to help with this business, eventually taking over the reins with his two brothers after the death of his father in 1890.
In 1909, he formed his partnership with Carl Fisher and and inventor Perry Avery to form the Concentrated Acetylene Company. The company worked creating acetylene headlamps, an extremely dangerous occupation. After a little while, Fisher and Allison bought out Avery's shares and renamed it Pres-O-Lite.
Operations moved from the city limits out to its final location near what would become the Motor Speedway. After the creation of the Speedway in 1909, Allison established the Allison Speedway Team Company, which was a machine shop on the grounds of the Prest-O-Lite factory. After the company was purchased by Union Carbide, Allison moved his business to a new building and renamed it the Allison Engineering Company. (My grandfather worked at Allison Engine for many years after WWII until his retirement).
During WWI, Allison's company provided tools and such used in the production of Liberty Aircraft engines. Because of his work, he received additional contracts to build British Whippet Tanks and tracks.
After the war, he turned his attention back to his work at the Speedway. Regardless of this work, he only entered a car in the race once, in 1919. His car was driven by Howard "Howdy" Wilcox, who drive it to victory.
But not only did Allison create one of the largest employers in Indianapolis, he also had interests in Miami, Florida, where he built a hospital and an aquarium.
Allison became the sole owner of the Indianapolis Motor Speedway
James Asbury Allison was married twice, his first wife was Sara Willis Cornelius Allison (1875-1938). They were divorced just a few weeks before his death in 1928. But, it seems that just after their divorce and just before his death, he was married again, this time to Lucille Musset Allison Orr (1896-1942), his secretary. He became ill with pneumonia while they were on their honeymoon in Port Washington, NY and died a few weeks later in 1928. He is buried in Crown Hill Cemetery as well.
![]() |
Indiana University |
Our next important name is that of Arthur Calvin Newby born on December 29, 1865 in Monrovia, Morgan County, Indiana. He was the son of John Newby (1840-1910) and Cornelia York Newby (1845-1920). They are both buried near him in Crown Hill Cemetery.
Little is known of his younger life, but we do know that he made his way to Indianapolis in 1881 looking for work and finding it as office boy at Nordyke and Marmon. This company originally started out as a flour milling company, but changed in 1926 to focus on motor cars, changing its name to the Marmon Motor Car Company.
Not long after coming to Indianapolis, he succumbed to the bicycle craze that swept the country and he helped found the Zig Zag Cycling Club in 1890. His success led him to create, along with Charles E. Test and Edward Fletcher, the Indianapolis Chain and Stamping Company, later the Diamond Chain Company. His business supplied over half of the bicycle chains in America. He also found himself part of the Willits Manufacturing Company from 1894-1899.
His love of bicycles led him to create the Newby Oval, a quarter mile wooden track on 15 acres near Central Avenue and 30th Street. The course featured banked curves, a grandstand, two amphitheaters and could hold more than 8000 spectators. It was considered one of the best velodromes in the country. It was this venture that led him to work with Carl Fisher and James Allison.
His attention turned from bicycles to automobiles with his work on the Indianapolis Motor Speedway and with National Motor Vehicle Company..
Newby never married and gave most of his money, without fanfare, to hospitals and higher education, most notable Riley Children's Hospital, Butler University and Earlham College. He passed away on September 11, 1933 in Indianapolis, Indiana and was buried in Crown Hill Cemetery.
![]() |
Indianapolis Motor Speedway |
Our final name in this work is Frank H. Wheeler, born on October 24, 1863 in Manchester, Delaware County, Iowa to Sylvanus T. Wheeler (1834-1867) and Ursula M. Davis Wheeler Ball (1837-1926). They are both buried in Oakland Cemetery, Manchester, Delaware County, Iowa.
Frank made his way to Indianapolis from California after losing two fortunes. After arriving, he met George Schebler, the inventor of one of the first successful carburetors. Together they formed the Wheeler-Schebler Company to manufacturer these parts, find a small room on Alabama Street in downtown Indianapolis. Wheeler provided the backing and office skills, while Schebler took care of the production.
It didn't take long before their company became one of the best in the world, expanding its products to include magnetos and small electric motors. In 1915, Wheeler purchased his partners interest in the business, paying him a reported $1 million. But Wheeler didn't just keep his fingers in one pot, extending himself to serve as president of the Langenskamp-Wheeler Brass Works and as director for the Stutz Fire Engine Company.
Because of his work with the automotive industry, he met and made friends with Carl Fisher and subsequently James Allison, becoming an original investor in the Indianapolis Motor Speedway. But he wasn't just involved with the Speedway, he also has involvement with the Columbia Club and Scottish Rite. He was known to grow fruits and vegetables that he gave to children all throughout the city. The Indianapolis School Corporation named an elementary school after him.
Frank was married to Harriet Estelle Githens Wheeler (1859-1924) and they had one child, Douglas Francis Wheeler (1891-1965). She is buried near her husband in Crown Hill Cemetery, while their son is listed as being buried in Oak Woods Cemetery in Chicago, Illinois.
He passed away on May 27, 1921 and is buried in Crown Hill Cemetery.
These four men came together because of their love of racing, either bicycle or automobile. It didn't really matter to them. They loved it all. And because of them Indianapolis Motor Speedway, "The Greatest Spectacle in Racing", came to life and is now one of the most important sporting events in the world, drawing hundreds of thousands of people a year to the city.
![]() |
The founders of the Indianapolis Motor Speedway with Henry Ford. |
~~~~
RESOURCES:
Wikipedia - Carl Graham Fisher
Historic Indianapolis - Indianapolis Early Automotive Roots
IndySpeedway - 1909 National Balloon Race
Indiana Historical Bureau - Lincoln & Dixie Highways
Encyclopedia of Indianapolis - James A. Allison
Encyclopedia of Indianapolis - Arthur C. Newby