Kentucky Speedway Investor John R. Lindahl Passes Away
Kentucky Speedway co-owner and accomplished businessman John R. Lindahl passed away July 5, 2006 in his hometown of Nashville, Tenn., at age 83.
"It is a sad day for all of us who knew and worked with John," Kentucky Speedway President Mark Simendinger said. "John played an integral role in the creation of Kentucky Speedway and will be missed."
Mr. Lindahl was the former owner of State Industries, Inc., the largest water heater manufacturer in the country. The company grew during his ownership tenure from three employees in 1946 to 2,500 at the time of its 2001 sale. He received numerous industry awards recognizing his business achievements, was instrumental in raising the standards of the Walking Horse industry and was responsible for many of the changes made to Tenneessee's annual Celebration at Shelbyville.
Mr. Lindahl also was a partner with Kentucky Speedway Co-owner and Chairman Jerry L. Carroll in Turfway Park, a Thoroughbred racetrack in Florence, Ky., until its sale in 1999.
Mr. Carroll, Mr. Lindahl, Duchossois Industries Founder and Chairman Richard L. Duchossois, Cintas Corp. Founder and Chairman Richard T. Farmer and Outback Steakhouse, Inc., formed the investor group which opened Kentucky Speedway in June 2000 and operates the track today.
~ Kentucky Speedway ~