Word: magneto
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Dates: during 1960-1969
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Bosch's 30 plants and $500 million in sales grew from a small Stuttgart electrical shop, where Robert Bosch in 1886 started a modest business to install lightning rods, doorbells and telephones. He soon devised a new magneto-ignition that was superior to existing types, and in 1896 entered the young automobile business. He grew wealthy supplying such auto pioneers as Gottlieb Daimler, but continually worried over the money he made. Bosch gave away $5 million in World War I profits, explaining: "The profit I was making while other people were losing their lives depressed...
...seemed over before it really began. Blasting nearly full-bore into the shallow-banked turns, the lighter (by 600 Ibs.) Lotus-Fords made the U.S. cars look like dump trucks. After 20 miles, Clark and Gurney were already lapping the slowest Offies. Parnelli Jones gave up the chase with magneto failure on the 43rd lap. U.S.A.C. Sprint Champion Roger Mc-Cluskey rammed into California's Chuck Hulse, and both Offies cracked into the retaining wall at close to 100 m.p.h., although neither driver was hurt. At the end of 50 miles, Clark had a 7-sec. lead on Gurney...