Allen Paulson

Born in Clinton, Iowa, Allen E. Paulson was on his own at age 13, supporting himself selling newspapers and doing janitorial work at local hotel until he moved to California in 1937.

[1] He left TWA to form his own company in 1951, first buying surplus Wright R-3350 engines from Boeing B-29s and selling the parts to airlines.

At one time he had 35 Lockheed Constellations of various models, 22 Douglas DC-6s and DC-7s and 4 other airliners in storage at Fox Field in Lancaster, California in 1970/71, not to mention other aircraft at other airfields such as Burbank.

[vague] Allen Paulson bought out the Pacific Airmotive Corp. at Burbank and started converting various types of passenger transport to freighters.

[4] In November 1970, he and his friend Clay Lacy entered an ex-American Airlines Douglas DC-7BF (N759Z msn 45233) in the California 1000 Mile Air Race at Mojave.

Named "Super Snoopy", the airplane finished in a commendable sixth place in a field of twenty and still had 1,500 gallons of fuel remaining at the end.

When a second 1000-mile race was scheduled for Brown Field near San Diego, California in July 1971, the Paulson teamed with Lockheed test pilot Herman "Fish" Salmon and entered Lockheed L-1049G Super Constellation N9723C the "Red Baron", which once served Qantas as VH-EAP "Southern Zephyr", while Clay Lacy entered "Super Snoopy".

[2] The concept was a pressurised business aircraft powered by a Pratt & Whitney PT6 in the nose and equipped with a standby Teledyne Continental turbine unit in the tail.

He bought the Ford, Cadillac, Lincoln-Mercury, Infiniti, and Rolls-Royce franchises in the area and opened a Lexus dealership in Beverly Hills.

[citation needed] In 1993, he and his wife Madeleine bought the Del Mar Country Club in Rancho Santa Fe, California[14] In 1983, Allen Paulson got involved in the sport of thoroughbred horse racing.

Paulson's accomplishments in the thoroughbred racing arena were numerous, including earning nearly 20 'Eclipse Awards' during his 17 years in the business, and two Hall of Fame horses, Azeri and Cigar.

[17][18] He also agreed to buy the Riviera and Four Queens casinos in Las Vegas for $304 million, but later canceled the deal, stating he was given inadequate financial information.