The evolution of auto racing closely parallels that of the automobile in the late 19th and early 20th centuries. As technology advanced, racing cars exceeded their consumer counterparts in design, speed, and handling—a definitive crossover point after which many racing types emerged.

In 1906, the first Grand Prix was held in France, and in 1911, the United States held the first Indianapolis 500. Other historic racing firsts include the 24 Hours of LeMans in 1923, the Monaco Grand Prix in 1929, and the NASCAR Daytona 500 in 1959. Across the world, the International Automotive Federation (FIA) is the governing body for much of auto racing, although many organizations exist depending on country of origin and race type.

The earliest known racing memorabilia dates back to the 20th century, when organized races and championships began. Early event-based items are typically quite valuable, including racing trophies, original programs, pit badges, and race-worn gear such as racing boots and helmets. Common-interest modern collectibles include Hot Wheels die-cast models, race cards, and helmet replicas. Event-based collecting, series collecting, and choosing well-known drivers are beneficial tactics to accumulating a valuable collection of racing memorabilia.

Quick Facts

• The first official auto race in the United States, called the “American Car Race,” was held on Thanksgiving Day in 1895. Six cars competed in a 54-mile course running from Chicago to Evanston, Illinois and back
• A rare trophy from the 1903 Empire City Race in Yonkers, New York surfaced at an Oklahoma estate sale and was purchased by a Massachusetts auto parts dealer. It was notably returned to the East Coast where it originated
• The Triple Crown of Motorsport includes the Indianapolis 500, the Monaco Grand Prix, and the 24 Hours of Le Mans. Graham Hill is the only racer in history to have finished all three