Racing down the track at Phoenix International Raceway, Larry Pegram is closely tailing a bike. He pulls to the outside to pass, but he overshoots it and falls behind, leaving him trailing for the next two laps. But then, the opportunity opens up once again for a pass – he takes it. And just as he’s about to swing around, his opponent’s motor explodes, leaking oil all over the track. Pegram hits the oil, slides out of control, and slams into a wall. Read more.