This is a LM entrant from the early fifties, that frankly I'm embarrassed to say I knew nothing about. I've lived in Cincinnati virtually my entire life, Powel Crosley, and his company are icons of Cincy's heritage, most famous for his radios (my parents still have an original Crosley radio), and being the longtime owner of the Cincinnati Reds MLB team. At one time he tried his hand at building cars, and a modified version of the Hotshot won, on handicap, the first race ever held at Sebring (a six hour event). In 1951 the car was entered at the Sarthe. I found this nice article in the Grand Prix Models online freebie version of Four Small Wheels from a few years ago. You'll have to scroll to page 27 if interested. Its a good read.
http://www.grandprixmodels.com/fsw/fsw1012/fsw1012.pdfHere's another article I found on the subject
http://www.autos.ca/motoring-memories/motoring-memories-crosley-at-le-mans-1951/Fax