Before long, Argetsinger began to dream of organizing a sports car race in and around the town of Watkins Glen. "It's been said, and it's not entirely wrong, that I did it because I had an MG-TC and didn't have a place to race it," he told The New York Times in 1998. From 1948 through 1952, the Watkins Glen Sports Car Grand Prix was held on a circuit that followed public roads through the village and around the nearby gorge. While the event was hugely popular, safety issues, namely the deaths of both drivers and spectators in crashes, forced it to move off the public roads after eight years.
In 1953, Argetsinger was named Executive Director of the newly formed Watkins Glen Grand Prix Corporation. Three years later, the group purchased of land and built a 2.3-mile permanent racing facility, designed to imitate the winding country roads on which the race had originated. Soon the circuit was attracting some of the world's best road racers, including Stirling Moss, Jo Bonnier, Phil Hill and Dan Gurney, for the Formula Libre races, which ran from 1958 through 1960. These events set the stage for Argetsinger's bid to host the ultimate American road racing event, the Formula One United States Grand Prix. His timing was perfect and after disappointing results in its first two years at Sebring, Florida and Riverside, California, the United States Grand Prix found a home in upstate New York in 1961, and Watkins Glen became the focal point of American road racing for the next two decades. In 1969, Argetsinger attempted to purchase the raceway in order to improve its financial operations. When the Grand Prix Corporation refused to sell, Argetsinger resigned as Executive Director and moved to Midland, Texas, where he went to work for Chaparral Cars.
Argetsinger moved to Denver in 1972 to become the Director of Professional Racing and then Executive Director of the Sports Car Club of America. In 1977, he returned to his law practice in Schuyler County, New York. He became president of the International Motor Racing Research Center in Watkins Glen in 2002.
Career Award
Argetsinger was a member of the inaugural induction class of the Sports Car Club of America Hall of Fame in 2005. In 2005, Watkins Glen International renamed its trophy for the Indy Racing League race champion the "Cameron R. Argetsinger Trophy". Each year, the winner receives a sterling-silver replica and their name is added to the nameplate at the base of the sterling-silver cup.