Word: falck
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Dates: during 1960-1969
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...Races divided naturally into two classes. There were the pros, like Lockheed Test Pilot Darryl Greenamyer, 31, who won the "unlimited" championship in a surplus Navy Grumman Bearcat, wrenching his way around an eight-mile course at 396 m.p.h. And there were the purists, like 54-year-old Bill Falck of Warwick, N.Y., who screamed around a 2.5-mile course at 202 m.p.h. to win the Formula I competition. In airplane racing, the difference between the pros and the purists is that purists, like Falck, build their own planes...
...Revolutionaries. But even where the government is strongest, North Italy's private industry manages to flourish. Though the state produces 55% of Italy's steel, Milan's Falck Steel succeeds by specializing in high-grade alloys. Periodic talk of nationalization of the electric power industry fails to faze ramrod-backed Giorgio Valeric, 57, managing director of Italy's largest utility, the Edison Group. Snaps Valerio: "We've doubled output in ten years, and we're still going ahead. Politicians are conservatives. We industrialists, we are the revolutionaries...