Capitol Wrestling Corporation
| Private | |
| Industry | Professional wrestling |
| Successor | WWE |
| Founded | January 7, 1953 |
| Founders |
Jess McMahon Toots Mondt |
| Defunct | 1982 |
| Headquarters |
Holland Hotel 351 West 42nd Street New York, NY 10036, United States |
|
Area served
|
Northeast |
| Owner | Vince McMahon, Sr. |
Capitol Wrestling Corporation Ltd. was an American professional wrestling promotion and the sanctioning body for the World Wide Wrestling Federation (WWWF) and later World Wrestling Federation (WWF).
Founded by Jess McMahon and Toots Mondt in 1953, Capitol Wrestling Corporation is the precursor to today's WWE, run by Jess' grandson, Vincent Kennedy McMahon.
Jess McMahon was a successful boxing promoter who began working with Tex Rickard in 1926. With the help of Rickard, he began promoting boxing at the third Madison Square Garden. A few years prior, professional wrestler Toots Mondt had created a new challenge of professional wrestling that he called “Slam Bang Western Style Wrestling”. He convinced wrestler Ed Lewis and his manager Billy Sandow to implement this new solution and wrestlers to sign contracts with their Gold Dust Trio. After much success, a disagreement over power caused the trio to dissolve and, with it, their promotion. Mondt later formed partnerships with several other promoters, including Jack Curley in New York City. Mondt eventually took over the New York wrestling scene, due to the fact Curley was dying, with the aid of several bookers, one of whom was Jess McMahon.
Together, McMahon and Mondt created the Capitol Wrestling Corporation Ltd. (CWC), which later joined the National Wrestling Alliance (NWA) in 1953. In November 1954, Jess McMahon died and Ray Fabiani, one of Mondt's associates, brought in Vincent James McMahon. McMahon and Mondt were very successful and soon controlled approximately 70% of the NWA's booking, largely due to their dominance in the heavily populated Northeast region they also became the main NWA territory.
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