Performance auto entrepreneur Ely Reeves Callaway III died July 11 after sustaining injuries in a fall. The Callaway Cars and CEO was 75.
Callaway founded Callaway Cars in 1977 in his garage in Old Lyme, Conn. A former Formula Vee champion driver, Callaway learned engine building, chassis tuning and component fabrication while dreaming of becoming a professional race car driver. After running out of funds to keep racing, he put those skills to work building prototype turbocharger systems on a