World renowned businessman and IHRA Alcohol Funny Car driver Peter Osterio
passed away Wednesday after experiencing a sudden heart attack. Osterio, 53,
immigrated to the U.S. from Australia to pursue his passion for drag racing. He
is survived by his wife Ann K. Marshall, and brother Brian Osterio.
Away from the track, Osterio, a graduate of the University of
New South Wales in Sydney, Aus., was a successful business man in the corporate
world, operating his company, The Osterio Group, which specialized in Business
Processes, Risk Control, Audits and Corporate Governance. He gave numerous
seminars all over the world to corporate clients and was the author of five
books on business risk, control and audit.
Prior to moving to the United States, Osterio raced drag bikes
in his homeland of Australia. While racing bikes he befriended the late Elmer
Trett of Top Fuel Bike fame, along with current Top Alcohol Funny Car racers
Steve and Jenelle Harker.