Craig Hill was inducted into the Canadian Motorsport Hall of Fame in 1996. Here is his bio:
In a driving career that spanned almost 40 years, Craig Hill raced and won in almost every type of racing car, from midgets and super-modified stock cars to sports cars and sophisticated open-wheel formula cars. He was Canadian Formula B champion in 1969 and '70, driving a Formula Ford he modified to formula B spec. He co-drove with Ludwig Heimrath to win the Sundown Grand Prix in 1973 and 1974.
As advertising and promotions manager of Castrol Canada, he was instrumental in that company's wide involvement in all forms of motorsport.
UPDATE: Wheels Editor Norris McDonald wrote something about the news here.