Industrial Grade Bearings Races have outer diameter that are often centerless ground. The Bearings Races are designed with an emergency stop button which immediately moves the grinding wheel away from the ground rings on its revolutionary axis. The Bearings Races have large race that goes into a bore is called the outer race, and the small race that the shaft rides in is called the inner race. The Industrial Grade Bearings Races are ring with a groove where the balls rest.