Three former WW I flying aces were killed and producer Howard Hughes was injured during aerial scenes shot for Hell's Angels (1930) and producer 'Howard Hughes (I)' (qva) was injured when he crashed flying in one of the scenes (it's not known if that footage was among the scenes used from that film for this one). Since only one out of every 249 feet of film shot was used in "Hell's Angels", there was more than enough left over to lease to other films like this one. It also helped offset the tremendous cost to Hughes of filming his movie.
The racing footage shown early in the movie, supposedly of the 1914 Epsom Derby, was newsreel footage of the Derby of 1934. Franchot Tone's fancy Ragamuffin and Jean Harlow's eventual 20:1 winner Golden Fleece featured in neither race. However, a horse named Golden Fleece did win the 1982 Epsom Derby and the owner's wife was named Susan.
This film's first telecast took place in Philadelphia Wednesday 14 August 1957 on WFIL (Channel 6), followed by Los Angeles Friday 10 January 1958 on KTTV (Channel 11); it first aired in New York City 19 April 1959 on WCBS (Channel 2) and in San Francisco 11 January 1960 on KGO (Channel 7).