Former STP CEO, Indy 500-winning owner Andy Granatelli dead at 90 (VIDEO)

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UPDATE (7:58 p.m. ET): J. Douglas Boles, the president of the Indianapolis Motor Speedway, has issued the following statement regarding the death of Andy Granatelli this afternoon:

“Andy Granatelli – known appropriately as ‘Mister 500’ – understood better than anyone the spirit and challenge of the Indianapolis 500 and had a remarkable ability to combine innovative technologies with talented race car drivers to make his cars a threat to win at Indianapolis every year.

“Andy leaves a legacy of historic moments that will live forever in Indianapolis 500 lore including his famous turbine that dominated the 1967 Indianapolis 500, the Lotus 56 of 1968, and giving the great Mario Andretti a kiss on the cheek in victory lane after his 1969 win. Our thoughts and prayers are with Andy’s family, friends and legion of fans.”

Andy Granatelli (pictured, from 2010), former CEO of the STP motor oil company and one of the more notable innovators in the history of the Indianapolis 500, has passed away at the age of 90.

According to the Associated Press, his son, Vince, confirmed that he died of congestive heart failure earlier today in a hospital in Santa Barbara, California.

A member of multiple racing Halls of Fame, Granatelli was a significant figure for the “500,” especially in the late 1960s and 1970s. In the 1967 and 1968 races, he fielded radical, turbine-powered cars that did well but ultimately lost out in both races.

In ’67, Parnelli Jones lost a potential win with only a few laps to go when a transmission bearing failed and forced him to retire. Then in ’68, Joe Leonard suffered a fuel pump shaft failure while leading and also had to retire in the final moments.

But in 1969, Granatelli finally had his day at the Indianapolis Motor Speedway as Mario Andretti, driving with a more conventional engine, took his STP-backed No. 2 machine to victory over Dan Gurney.

Granatelli expressed his appreciation by kissing Andretti on the cheek in Victory Lane, creating one of the most beloved images in “500” history. Andretti has tweeted the following on Granatelli’s death this evening:

Four years later, in 1973, Granatelli would earn a second and final “500” win as a car owner thanks to driver Gordon Johncock.

“The thing that gave him the most gratification in his life was what he did at the Indianapolis 500,” Vince Granatelli told the AP.

But while Granatelli made an impact on the track, he did the same off of it as well by making STP one of the most well-known automotive brands in the world. In addition to serving as the product’s spokesman, Granatelli was instrumental in bringing STP on as a sponsor for NASCAR’s “King,” Richard Petty.

After a brief disagreement over what color Petty’s car would be (Granatelli wanting his STP day-glo red, Petty wanting his traditional ‘Petty blue’), a compromise was struck with both colors set to be used on the car.

The final result was one of the most iconic paint jobs in all of American motorsports, and to this day, Petty’s partnership with STP continues even though he ended his driving career in 1992. It is considered one of the most important sponsorship deals in NASCAR history.

Granatelli also served as a promoter of racing events during World War II, and is remembered especially for his work as president of the Hurricane Racing Association, a group that fielded both hot rod and stock car events at Chicago’s Soldier Field.

Our thoughts and prayers are with Granatelli’s family and friends at this time.

F1 2017 driver review: Sergio Perez

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Sergio Perez

Team: Sahara Force India
Car No.: 11
Races: 20
Wins: 0
Podiums: 0
Best Finish: P4 (Spain)
Pole Positions: 0
Fastest Laps: 1
Points: 100
Championship Position: 7th

While failing to hit the podium as he did in both 2015 and 2016, Sergio Perez once again finished the year as Formula 1’s leading midfield team driver, but faced a greater fight from within Force India in the shape of Esteban Ocon.

Perez has long been knocking on the door of F1’s top teams should an opportunity come up, and 2017 saw him continue his solid if unspectacular form. The dominance of Mercedes, Red Bull and Ferrari meant any finish higher than seventh was impressive, something he managed to do on five occasions.

But there were some missed opportunities along the way, most significantly in Baku. Force India had been quick all weekend, with Perez charging to sixth on the grid, and when drama struck at the front, he and teammate Ocon were eyeing a podium finish as a minimum.

Contact between the two forced Perez to retire and prompted Ocon to pit for repairs, leaving the team without the top-three finish it targeted heading into the season. With Lance Stroll taking P3 for Williams and Daniel Ricciardo winning the race, a maiden victory for Force India was not out of the realm of imagination.

Perez and Ocon came to blows on a number of occasions, with the final straw coming in Spa when they twice touched on-track, prompting Force India to introduce team orders. Perez finished the year 13 points clear of Ocon in the final standings, meeting his own pre-season target of 100 points, yet the Frenchman had arguably made the bigger impression at Force India through his first full season in F1.

Force India remains the top underdog in F1 with Perez spearheading its charge, but it is difficult to see either taking the final step to becoming true contenders at the front of the field anytime soon, as solid as their displays have been.

Season High: P4 in Spain after retirements for the ‘big three’.

Season Low: Losing a sure-fire podium, if not a win, in Baku after contact with Ocon.