Guest speaker and longtime journalist J.J. O’Malley recounts how Watkins Glen fell into “dark years” after financial and safety troubles culminated in the Grand Prix Association’s 1981 bankruptcy, the loss of Formula 1, event cancellations, foreclosure action by the Bank of New York, and a 1982 auction. He describes how SCCA Glen Region leaders formed the Green Flag Committee to find a new owner, and how Corning Glass executive Jim Reisbeck—after seeing Daytona’s economic impact—commissioned studies and began talks that led Corning Glass to form Corning Enterprises to revive the track. Partnering with International Speedway Corporation (20% ownership), they created Watkins Glen International, closed public roads through the circuit, removed the Scheckter Chicane, upgraded facilities, emphasized family-friendly safety and strong law enforcement, and relaunched major racing with IMSA/Camel GT, Trans-Am, and eventually NASCAR’s Budweiser at the Glen in 1986, followed by successful vintage reunions.
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00:00 Watkins Glen on the Brink
01:19 JJ’s Racing Origins
04:37 First Trips to the Glen
07:50 Collapse and Bankruptcy
10:37 Foreclosure and Auction
12:15 Green Flag Committee Forms
14:24 Corning Discovers the Glen
18:23 Corning Makes Its Move
23:53 Rebuilding and New Leadership
32:02 Five Months to Race Day
38:27 Camel GT / Continental Series Returns
41:30 NASCAR Comes to Town
44:10 Vintage Revival and Festival
45:20 Q&A and Closing Thanks
45:58 Sponsor Credits and Outro
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The Motoring Podcast Network : Years of racing, wrenching and Motorsports experience brings together a top notch collection of knowledge, stories and information. #everyonehasastory #gtmbreakfix - motoringpodcast.net
This episode is part of our HISTORY OF MOTORSPORTS SERIES and is sponsored in part by: The International Motor Racing Research Center (IMRRC), The Society of Automotive Historians (SAH), The Watkins Glen Area Chamber of Commerce, and the Argetsinger Family - and was recorded in front of a live studio audience.
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