In 1904, Harry C. Stutz, who was involved in the design and manufacture of internal combustion engines, introduced George Schebler to Frank H. Wheeler.

By 1907, they had achieved enough success to move to Indianapolis into a state-of-the-art factory, reportedly one of the most advanced in the United States at the time.

[citation needed] Frank Wheeler and three other local men opened the Indianapolis Motor Speedway in 1909.

When Borg-Warner went through a leveraged buyout in 1987, Borg Warner Automotive Inc. was spun off as an independent company that is still in operation, developing fuel efficient engine and drive train technology.

[citation needed] The building was added to the National Register of Historic Places in 2004.