SEMA News - August 2010
Heavy on the Research; Must Reading for Industry Pros
The Business of Speed: The Hot Rod Industry in America, 1915–1990 is a remarkable record of the birth, growth and maturation of the automotive high-performance industry. |
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He begins his chronicle with the Model T Ford—the “universal car”—and early speed-equipment innovators, such as Joe Jaegersberger, Robert Roof and the Chevrolet brothers, whose initial efforts were centered on overhead-valve improvements to the earliest four-cylinder Flathead engines. He then follows the performance train to the beginnings of competition-bred improvements on the dry lakes of California and Ed Winfield’s carburetor, head and camshaft advancements at early Indianapolis 500 races. He differentiates between high-performance specialty equipment and replacement parts, discussing not only the types of products that developed but also the impetus for their creation, whether on a track, a lake bed or the street.
Lucsko provides a backdrop for the creation of various racing and hobby organizations, including the Southern California Timing Association, the National Hot Rod Association, the National Street Rod Association and the origins of SEMA as the Speed Equipment Manufacturers Association. Along the way, he explains how the people involved with these organizations identified strongly with their mechanical passions. “A bona fide hot rodder was a mechanically inclined young man who built, drove, and raced a ‘hot roadster,’” Lucsko writes. “He sourced his parts from wrecking yards, speed shops, and, increasingly, from some of the handful of his acquaintances who manufactured high-performance equipment of their own design. He gathered with his friends at clubhouses, speed shops, automotive repair shops, and local diners to share ideas, to plan events, and to bench race.”
Author David N. Lucsko spent nine years in concentrated research for his history of the automotive performance aftermarket, including hundreds of hours exploring the pages of vintage periodicals, such as Hot Rod and Popular Hot Rodding. |
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The Business of Speed is also sprinkled with fascinating biographical information about industry legends, such as Phil Weiand, Vic Edelbrock Sr., Fred Offenhauser and Ed Iskenderian. Lucsko pays homage to the technical prowess of these pioneers while praising them as well for their selfless transfer of knowledge to the succeeding generations of entrepreneurs who worked for them.
Throughout his book, Lucsko details the intricate symbiosis between the auto manufacturers and the entrepreneurs who considered factory stock cars and trucks to be only a starting point. He devotes a fair amount of space to the advent of musclecars and the development by the original-equipment manufacturers (OEMs) of their own proprietary performance parts, tracing the evolution of factory engines from that first Ford Flathead in the early 1900s to the wildly popular Chevrolet small-block that was introduced in 1955. Yet he always brings the story back to the premise of the book: the business of developing, manufacturing and selling speed parts.
By the seventh chapter, Lucsko is delving deeply into the roots and reasons for the advent of SEMA, which was developed by a handful of speed-parts manufacturers as an attempt first to manage credit problems within the industry and then to influence emissions and safety legislation that began to affect automotive enterprises—both OEM and aftermarket—in the early ’60s. The Business of Speed describes the growth of the industry and the evolution of the association as it morphed from the Speed Equipment Manufacturers Association to the Specialty Equipment Manufacturers Association. Perhaps because the focus of the book is the performance end of the industry, Lucsko doesn’t mark the final name change—to the Specialty Equipment Market Association—which now reflects the wider umbrella covering not only manufacturers but also retailers, warehouse distributors and automotive accessory businesses of all types.
The Business of Speed: The Hot Rod Industry in America, 1915–1990, By David N. Lucsko |
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The book is replete with arresting parallels between what occurred years and even decades ago with the forces still at work within the industry today. The Business of Speed is a remarkable record of the birth, growth and maturation of the automotive high-performance industry, carrying with it an enlightening subplot of a changing country and the shifting political winds that helped shape our current state of affairs.
Lucsko misses the mark with his prediction that the sport-compact market would continue to thrive—it was a hotbed as he was conducting his research—but while the bloom may be off that rose, at least for the time being, he nails the overarching passion that has always driven and will continue to drive the industry: “[T]he business of speed equipment manufacturing has never been about a certain brand of car, a certain type of engine, or a certain class of enthusiasts,” he writes. “Instead, it has always been about the ability to adapt.”