LAS VEGAS (Nov. 19, 2015) — Jim Smith, founding owner of Ultra Wheel Co., was inducted into the Specialty Equipment Market Association/Wheel & Tire Council's hall of fame during the WTC's social reception Nov. 3 in Las Vegas.
The WTC described Mr. Smith as an entrepreneur and racer who has dedicated his life to the automotive industry. He has been involved in the aftermarket wheel business for several decades and is an active philanthropist and racing advocate.
Among his accomplishments in the racing world, Mr. Smith was active both as a driver and team owner.
As a driver, he won numerous off-road races, including multiple victories in SCORE and/or HDRA events. He is credited with the idea and inception of the NASCAR Craftsman Truck series — now known as the Camping World Truck Series.
In addition he owned two Craftsman Truck Series teams — winning the season championship in 2005 with driver Ted Musgrave — and a Winston Cup car team.