[1][2] The project was conceived in late 2005 through talks between the Economic Development Bureau of the City of Long Beach and officials in order to improve and strengthen the city's ties with the open-wheel car racing event, the Grand Prix of Long Beach.
[3] Each year, two or three auto racing figures are inducted following a vote by an informal group of individuals such as local officials and Long Beach Grand Prix Association members.
[4][5] A 22 in (1.8 ft) bronze medallion plaque, depicting a rendition of each inductee's car and listing their greatest achievements in auto racing, is permanently embedded in the palm-lined concrete sidewalk.
[11] Only one person has been posthumously inducted, Gary Gabelich, the former world land speed record holder in 2008.
[16] Bruce Flanders, Gerald Forsythe, Kevin Kalkhoven, Roger Penske and Christopher Pook are the five non-drivers who are members of the Walk of Fame.