Glenn Wood creates Wood Brothers Racing with his brothers. At 25 years of age, Glenn and his brother Leonard, 16, build a 1938 Ford, No. 50. The race car cost $50. The Wood Brothers first started producing race-prepared cars in this space in Stuart, Virginia, in the 1950s. Glenn Wood decided to give racing a try at Morris Speedway near his hometown Stuart Virginia. What followed has been a generous slice of NASCAR history for Wood Brothers Racing, the venerable family team still in operation at stock-car racing's highest level.
The Woods' No. 21 was involved in one of the most dramatic finishes in the sport's history, crashing with Richard Petty's No. 43 Dodge in the final lap of the 1976 Daytona 500. Pearson coaxed his damaged car across the finish line first for his only victory in The Great American Race. He would go on to win the triple crown this year at Darlington, SC. September 6, 1976 - Win Triple Crown
Michael Waltrip prevailed for an upset win in NASCAR's All-Star Race in 1996. Waltrip qualified for the main event by winning a preliminary race, then sidestepped Dale Earnhardt and Terry Labonte in the final segment for the biggest highlight of his three-year stay with the No. 21 team. Charlotte, NC. May 18, 1996 - In Michael Waltrip’s first season as driver, won The Winston Select all-star race first time and $200,000.