In 1983, he became a vice president at Salomon, where he met Paula Hannaway, an investment banker. They married in 1985 and moved to Chicago, where Mr. Crown joined his family’s investment firm.
In addition to his wife and his parents, Mr. Crown is survived by two brothers, Steve and Daniel; four sisters, Patricia (known as PC), Susan, Sara and Janet Crown; three daughters, Torie, Hayley and Summer Crown; a son, W. Andrew Crown; and two grandsons.
Mr. Crown, who kept a home in Aspen, was also an avid skier and a managing partner of the Aspen Skiing Company, which operates a resort.
The family statement did not say what Mr. Crown was doing at Aspen Motorsports Park when the accident occurred. The park’s website says that members gather twice a week to race, typically a qualifying session followed by two races with “fast-paced, wheel-to-wheel action” in “Spec Racer Toyotas.”
The racetrack did not respond to phone calls or an email.
Mr. Crown recently began an effort to tackle gun violence in Chicago by encouraging the city’s business leaders to create thousands of jobs in underserved areas of the city, providing millions of dollars for civilian violence intervention programs and shoring up law enforcement and low-income communities.
He said that the effort would help Chicago’s upper crust as well as its lower-income residents.
“You’ve got altruism,” Mr. Crown told The Chicago Sun-Times. “But you’ve also got the enlightened self-interest of: I want to be safe, I want my workers to come to work, I want the tourists to patronize my business, whatever that may be.”
Emily Flitter contributed reporting.