Ira M. Cobe

Ira M. Cobe
Born(1866-10-29)October 29, 1866
DiedJuly 9, 1931(1931-07-09) (aged 64)
EducationBoston University
OccupationsBusinessman, investment banker, lawyer

Ira Maurice Cobe (October 29, 1866 – July 9, 1931) was an American lawyer, investment banker, financier, art collector, and early automobile investor, known for his influence on Chicago’s transportation infrastructure and early American auto racing. He co‑founded the investment firm Cobe & McKinnon and later led key street‑rail and utility companies including the Chicago City Railway Company, Calumet & South Chicago Railway, Hammond, Whiting & East Chicago Railway, and Chicago Elevated Railroads. Cobe sponsored the Cobe Trophy Race (1909–1910) a precursor to the Indianapolis 500.