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Faulkner to Drive New Car In 500-Mile Speedway Test LOS ANGELES, Calif., May 20 UP.— Walt Faulkner of Long Beach, Calif., left here, last night with a brand new car to drive in the 500-mile Indianapolis Speedway classic on Memorial Day. Faulkner, who turned in the fastest qualifying times at Indianapolis in the past two years, will pilot a car built here by Bob Pankrantz for Sid Street of Kansas City, Mo., in the 1952 edition of the classic. The car, minus its hood, was flown east last night and Faulkner said work would be completed on it this week in time for Saturdays qualifying runs. Faulkner hung up a qualifying record of more than 136 miles per hour last year, but it was broken Saturday when Freddie Aga-bashian of Albany, Calif., recorded more than 138 miles per hour. .