Price is a patronymic name derived from the Welsh "ap Rhys" meaning "son of Rhys", with Rhys itself meaning "enthusiasm" in Welsh. It is a common surname among those of Welsh ancestry, with various spellings such as Priess and Priesz. The name's frequency was highest in Radnorshire at the time of the British Census of 1881. Notable individuals bearing the surname Price include Adam Price, a Welsh politician; Alan Price, an English musician, songwriter, and actor; and Carey Price, a Canadian ice hockey player. The surname has been associated with a diverse array of individuals spanning different fields including sports, politics, arts, and entertainment. The name's spelling and pronunciation have undergone changes over time, with experts believing that these changes were influenced by a desire to make the name seem more English and prestigious.

Price Cobb, born on December 10, 1954, is a renowned American race car driver who made history by winning the 1990 24 Hours of Le Mans alongside John Nielsen and Martin Brundle in a Jaguar XJR-12. Apart from his remarkable racing achievements, Cobb has also delved into team ownership, overseeing an Indy Racing League team in 1998 and 1999. As a seasoned author, he has penned several books on auto racing, showcasing his expertise and passion for the sport. Currently retired, Price Cobb has contributed his extensive knowledge and experience to Moorespeed in Austin, Texas, serving as the general manager. With an illustrious career in the racing world, Cobb continues to inspire and leave a lasting impact on the industry. For more information, visit Price Cobb's official website.