On November 8, 1954, Reece crashed during the Bobby Ball Memorial, an AAA Champ Car event held at the Arizona State Fairgrounds, sustaining "a punctured lung, fractured right shoulder and possible internal injuries when his car flipped coming out of the south turn [...] and crashed into the east wall."[3]
On September 28, 1958, Reece was killed during a USAC Champ Car race held at Trenton Speedway. On the first turn of the last lap, Reece's inside wheels got into the dirt next to the concrete track, causing his car to change its direction and run up an embankment. After bursting through a two-foot wooden fence on the edge of the track, the Kurtis 500G spiraled through the air and smashed down on a hurricane fence, having ejected Reece, who died of multiple injuries in an ambulance.[4][5]
The Indianapolis 500 was part of the FIA World Championship from 1950 through 1960. Drivers competing at Indy during those years were credited with World Championship points and participation. Jimmy Reece participated in 6 World Championship races but scored no World Championship points.