Career
He is an inductee of the Motorcycle Hall of Fame and Motorsports Hall of Fame of America. Later in life Goldsmith became a pilot and, flying primarily a Cessna 421, transported engines and parts to and from races. Goldsmith was a famous American Medical Association. Grand National Championship motorcycle racer during the late 1940s through the mid-1950s.
His first victory came in 1952 aboard a Harley-Davidson at the Milwaukee Mile in Harley"s hometown.
Paul was a full-time worker at a Chrysler plant in Detroit. His most famous victory was at the 1953 Daytona 200.
In 1954, Goldsmith had one victory at Charity Newsies at Columbus, Ohio, and four podium finishes. He finished second in the first year of the Grand National Series behind his former pupil Joe Leonard.
He was frequently running stock cars.
He left motorcycle racing because he was pressured to run only stock cars by General Motors. Goldsmith competed in 8 races in the Universal Service Administrative Company Championship Carolina series, between 1958 and 1963 with 6 of those starts in the Indianapolis 500. He finished in the top five twice at Industry, following up a 5th-place finish in 1959 with a 3rd in 1960.
The Indianapolis 500 was part of the FIA World Championship from 1950 through 1960.
Drivers competing at Industry during those years were credited with World Championship points and participation. Paul Goldsmith participated in three such World Championship races, finishing fifth in 1959 and third in 1960, earning him a total of six World Championship points.