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September 24, 1932 - Indiana State Fairgrounds, Indianapolis, Indiana

The Gold and Glory Sweepstakes returned to the Fairgrounds track in 1932. It was the height of the Great Depression, and only six hundred spectators were willing to pay the relatively steep admission price of two dollars per person. With so few paying customers, the promoters could not afford to offer drivers the promised purse of $2,000. Several irate drivers began to shout and even threaten the promoters. A shoving match ensued. The small gathering of fans booed loudly.

Several drivers, including Charlie Wiggins and Bobby Wallace, attempted to restore order to the scene. More than ninety minutes after the race was scheduled to begin, the drivers and promoters came to an agreement. They would hold an abbreviated match, a twenty-mile, “winner-take-all” competition. Charlie Wiggins, who attained a remarkable 80.4 miles per hour in the preliminary heats to capture the pole position, defended his Gold and Glory title by holding off Bobby Wallace by four car lengths. Charlie’s winning time was 17:05, or about 70.2 miles per hour.