Fast Food, Fast Cars to Go
When Jim Williams was a young man, he built a better beef patty for Golden State Foods, sold it to McDonald’s and when Ray Kroc took the golden arches worldwide, it made Williams a multimillionaire.
Then Williams decided to build a better racetrack for short-track motor racing fans, watched it grow into Irwindale Speedway, where, after five years, it is just beginning to show a profit.
“Everyone has to eat, but not everyone has to like motor racing,” Williams, president and owner of the $12-million racing facility about 20 miles east of downtown Los Angeles, said when asked about the difference in the success of his two passions.
The speedway opened its sixth season March 20 to a near-capacity crowd of about 6,000 fans for a program of NASCAR stock car racing. Tonight, a U.S. Auto Club open-wheel racing show will feature twin 25-lap midget car races.
“We’ve turned the corner,” Williams said. “We proved to the city of Irwindale that we could deliver what we said we would, and we are building our own fan base. Our car count, our crowd count and our daily schedule are all moving ahead.”
Convincing the city of Irwindale was critical after the city had become the butt of late-night talk-show jokes for giving Al Davis $10 million in a vain effort to land the NFL Raiders.
“Are we satisfied? Not really,” Williams said. “I don’t think anyone is ever where they think they ought to be, but we reached our goal in one respect -- to be the finest short-track property in the country.”
NASCAR tacitly acknowledged that last year when it made Irwindale the site of its first national short-track championships, the NASCAR Toyota All-Star Showdown. And it reinforced the idea by scheduling the second one at Irwindale, Nov. 11-13.
“We lobbied for it,” Williams said. “We wanted to show the guys on the East Coast what we had out there. Now we get calls from all over the country, asking us about the track, what we race here, when we’re open, all sorts of things. The All-Star weekend created a high level of interest and so did its telecast.”
During SpeedWeeks before the Daytona 500, Brian France, president and chief executive of NASCAR, presented Williams and General Manager Bob DeFazio a plaque for holding the “most outstanding specialized event of the year.”
Who is this former hamburger salesman who owns and runs the track?
Jim Williams is 64, lives in Newport Beach with his wife, Toni, is an active board member of Golden State Foods after having retired as chairman and CEO of the company in 1999, maintains offices in Irvine and Irwindale and cherishes a close working and personal relationship with Roger Penske, motor racing’s premier team owner.
He never raced, but he has been a race fan all his life, dating to the days when his father and uncle took him to speedway motorcycle races at Lincoln Park, near the old Luna Park Zoo and Ostrich Farm in Lincoln Heights, and to midget car races at Gilmore Stadium.
“My first trip to Indianapolis for the 500 was in 1957, as a high school graduation present, but when the school found out about it, I almost didn’t graduate,” he recalled. “The night of the senior prom was the day of the race, and the principal [of L.A. Marshall High] wasn’t happy about me being in Indianapolis.”
Williams has missed only a few 500s since, and from 1986 to 1992 was a sponsor to one of Penske’s Indy cars, including 1987 when Al Unser won for his fourth time.
It was his relationship with Penske, which started when he leased trucks from one of Penske’s companies, that led to his role in the building of Irwindale Speedway.
“I invested in Roger’s rebuilding of the track in Nazareth [Pa.] and then got involved when he started California Speedway on the old [Kaiser] steel-mill site. All the time it was being built, Roger would fly out once a week for a drive around on the property, and I would go with him. I found out what to look for and what to look out for when I started building my own racetrack.”
The plans for a track in Irwindale had already been drawn when Williams became part of the project in 1997. Ray Wilkings, who had operated Saugus Speedway with his father for many years, had put together a group of investors planning a track on the old swap-meet site at the intersection of the 605 Freeway and Live Oak Avenue.
“They came to me sometime in 1997, looking for an investment,” Williams said. “I soon saw that their plans were not what I envisioned. They had in mind a dirt track inside a paved oval, and I didn’t like that idea. Perris [Auto Speedway] had just opened, and it seemed silly to me to split the dirt-track crowd.
“The only way I would get involved was if I had control. That’s the way I wanted it, and that’s what has happened. I have bought most of the others out and now have 90% control.”
Wilkings, the track’s first chief operating officer, left during the first season to take over a family business in Cummings, Ga. Williams named DeFazio general manager and took over daily control of the track’s operation.
The public perception of Williams as a track owner was that it was a hobby, that he and his wife would visit with friends Saturday nights at the races.
“I know, I have heard that,” Williams said with a smirk, “but it is far from the truth. I never intended this to be anything but a business. I work very hard at it. We’ve turned the corner, like I said, but it is one thing to set out to build a facility and quite another thing to run it.
“We are an entertainment business, and we can’t forget it. Our competition is the Dodgers, the Lakers and Disneyland. The only difference is that our stars are race-car drivers.”
Activity at Irwindale Speedway is not confined to 35 weekends of racing. It is busy about 300 days a year with tire testing, TV-commercial shoots, car-club outings, a driving school and other activities. On average, the track rental for a day is $5,000.
“We’ll take anything that comes along, as long as it’s in good taste,” Williams said. “We are proud of our reputation as a clean facility, and we treat people the way we would like to be treated. I am never afraid to welcome anyone, no matter how important, to Irwindale.”
One unexpected financial windfall was the eighth-mile drag strip in the southeast corner of the parking area. Street-legal racing is held Thursday nights year-round.
“I had drag racing in the back of my mind, but what really sold me was when Wally Parks visited the track and said he had been an exponent of eighth-mile racing for many years and we had the perfect place for it,” Williams said. “We decided to try it, and now we have guys who used to street race right in front of where the track is, standing in line at 4 p.m. to get in and race on the track.
“It has developed quite a following. The crowds keep getting bigger and they really get into it, one guy yelling for the red Chevy and another for the blue Dodge. The side issue is that the racing has made us friends with local police, who say quite openly that our track has helped get a lot of kids to quit street racing and come to Irwindale.”
Williams’ first career began in the Glendale area when he worked for Golden State Foods, then a small meat vendor to Southern California restaurants. Williams would call on restaurants -- “I remember Jimmy coming by every week,” recalled one longtime restaurant owner -- take orders, supervise production of the meat patties and then drive the truck to make the delivery.
One of the places he stopped was an early McDonald’s, run by Ray Kroc. When Kroc told the young salesman he wanted a better patty, Williams made one that was leaner than usual. As McDonald’s expanded to more than 100 restaurants in Southern California, so did GSF, making millions of hamburger patties.
“Ray Kroc taught me a lesson I have never forgotten,” Williams said. “He was one of the few guys who would deliver what he said he would. I have tried to pattern myself after that.”
By 1972, Williams had risen to vice president of sales of GSF. The company decided to serve McDonald’s exclusively with a one-stop shopping environment, providing every product used by McDonald’s. Buns, sauce, syrup, tomatoes, everything including the beef, could be ordered from GSF.
Sales reached more than $65 million by 1972 and six years later, when Williams became president and CEO, had reached $272 million. In 1980, he took the publicly traded company private and rapid expansion continued. In 1990, Golden State Foods and McDonald’s were in Moscow; in 1994, in Cairo, Egypt and Australia.
When Williams retired in 1999, annual sales topped $1.6 billion and GSF had more than 1,800 employees making and distributing more than 130 McDonald’s food products.
“I didn’t plan to get out of one job and right into another one,” Williams said. “It just sort of worked out that way. Selling meat patties and racetrack tickets are more alike than you might think. In both instances, you have to make the best product, give the customer a fair deal and treat others like you want to be treated.”
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