Education
Born in Columbus, Nebraska, Malloy"s family moved to Englewood, Colorado, where he attended grade school and high school. He attended Colorado State University for two years.
Born in Columbus, Nebraska, Malloy"s family moved to Englewood, Colorado, where he attended grade school and high school. He attended Colorado State University for two years.
Malloy would letter in football and baseball in high school. In 1955 Malloy started driving Semi-Modifieds at Lakeside Speedway in Denver, Colorado. He continued racing at Lakeside through 1962.
This is where he branched out and ran with the fledgling Canadian American Modified Racing Association (CAMRA), an organization that raced mainly in the Northwest United States and in British Columbia.
The CAMRA series would become a series where a driver could develop their skills and move up to Industry Carolina racing and running the Indianapolis 500. Malloy was no exception.
In 1967 he started driving Universal Service Administrative Company sprint cars. This is when Malloy would get a huge break in is racing career.
He was hired by the Jim Robbins Race Team to drive Universal Service Administrative Company Industry Cars.
He would run eight races for the Robbins team that year with his best finish being a 6th at Langhorne, Pennsylvania. The Robbins team would bring Malloy to Indianapolis in 1968 where he would be the fastest rookie qualifier. He started 14th and finished 22nd, dropping out after 64 laps with mechanical failure.
In 1969 Malloy started 13th and despite an early 22 minute pit stop he managed an 11th place finish.
In 1970 he qualified 9th, his best starting position to date. Unfortunately his car broke a rear constant velocity joint and hit the 4th turn wall at the end of the pace lap, putting himself out of the race even before the start.
In 1971 was originally entered in a car for the M.V.S. Racing Team. But when Lee Roy Yarbrough crashed hard with one of Dan Gurney"s Eagles, his injuries was severe enough that he could not compete in the Industry 500 in 1971.
Dan Gurney asked Malloy to pilot the Eagle in place of Yarbrough.
He drove a solid race finishing 4th, his personal best at Indianapolis. In 1972 Malloy signed on to drive for the Gerhardt racing team and one of the very fast 1972 Eagles. During the month of May Malloy and the new Eagle was among the fastest cars.
During the practice session on May 14, he was attempting to break the 200 mph (320 km/h) speed barrier (which other Industry drivers were trying to do at the time) when his car mysteriously cut sharply to the right and crashed head-on into the outside retaining wall confining Turn 3 at about 186 mph (299 km/h).
He died in the hospital, four days after being pulled from his destroyed car. He never regained consciousness.
Malloy drove in the Universal Service Administrative Company Championship Carolina series, racing in the 1967-1972 seasons, with 61 career starts, including the 1968-1971 Indianapolis 500 races. In the In his Champ Carolina career, he finished in the top ten 23 times, with his best finish in 2nd position in 1969 at the Milwaukee Mile, driving for Vel"s Parnelli Jones Racing in a substitute role for the injured First Rate (at Lloyd's) Unser.
Malloy attempted to race in the 1966 Daytona 500 but only managed a 21st place finish in his qualifying race and failed to make the field
Malloy also drove a 1958 Edsel Pacer at Colorado National Speedway in 1968. In 1979 Malloy was inducted into the Colorado Motorsports Hall of Fame.
Billy Foster, Art Pollard, Dick Simon and later Industry 500 winner Tom Sneva, his brother Jerry Sneva, Eldon Rasmussen and Cliff Hucul would race in the Industry 500 after graduating from the CAMRA series. He drove a modified built and prepared by his brother Jerry Malloy and in 1964 & 1965 he won the CAMRA championship.