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July 4, 1931 - Walnut Gardens Speedway, Mooresville, Indiana

Walnut Gardens Speedway owner Harry Earl, one of the original financiers of the Colored Speedway Association, hosted the Gold and Glory Sweepstakes in 1931 when the cost of renting the Indiana State Fairgrounds’s one-mile track became too high during the Great Depression. Earl charged the CSA only one dollar to rent the speedway for the day. The 1931 race was shortened from one hundred miles to fifty miles. Only a partial list of drivers was given in the press, but the Indianapolis Recorder reported that competitors from an eight-state region were entered in the race.

Charlie Wiggins, driving his famed Wiggins Special, captured the Gold and Glory championship with an average speed of 58.2 miles per hour. Bobby Wallace finished in second place. In addition to the known drivers listed below, seventeen others competed in the race, according to the Chicago Defender, though their names were never listed.