I raced with a guy who rode a Raleigh Pro, Road and Track, and he was a Cat1, National Champion and Olympic cyclist. The Raleigh Pro was a fairly common race bike back in the mid 70's. And as far as Paramounts go, 1/2 the bikes raced on the track were Paramounts, and most guys on the Wolverine/Schwinn Sports Club rode them on the road also. A lot of Paramounts were raced, especially in the midwest where Schwinn had a strong race presence.

Pro's on Paramounts - John VandeVelde always rode them.