US President Joe Biden has sent his condolences to the family of American billionaire James Crown, who died last Sunday at the Aspen Motorsports Park.
Crown, who died on his birthday, had been racing at the venue in Colorado, before he crashed into a barrier.
The 70-year-old was part of former US President Barack Obama’s President’s Intelligence Advisory Board, which he was appointed to in 2014.
Crown’s family is believed to be worth around $10.2 billion, according to Forbes in 2020.
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He was managing partner of Aspen Skiing Co., whilst he was also the CEO and chairman of his family’s business, as well as a board member at JPMorgan Chase.
According to the coroner’s office, the cause of Crown’s death is still “pending autopsy”.
“The official cause of death is pending autopsy although multiple blunt force trauma is evident,” the coroner’s office revealed in a news release. “The manner is accident.”
Following his death, Crown was spoken very highly of by Biden, who labelled him as a “a good man, a dear friend, and a great American.”
Biden added, as reported by Crash.net: “Jim lived a great Chicago story – one that tied our nation’s industrious past to an ever-hopeful future. He grew up the great-grandson of a sweatshop worker whose son turned a construction-supply company into an empire.
“Throughout his own career as a business and civic leader, Jim continued to drive that legacy forward, bring out the best in his peers, and help shape the city he loved.”
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Formula 1 recently visited the United States in April for the Miami Grand Prix; however, the pinnacle of motorsport is set to venture across The Atlantic twice more this season.
The United States Grand Prix at the Circuit of the Americas and the Las Vegas Grand Prix are both taking place towards the end of the season, whilst the latter is being organised by F1 themselves.
Max Verstappen won in Miami earlier in the year having recovered from ninth on the grid, with that resulted having started what is now a run of four consecutive victories ahead of this weekend’s Austrian Grand Prix.