Red Lodge Mountain is an alpine ski area in the western United States, located in south-central Montana along the eastern front of the Beartooth Mountains, west of the town of Red Lodge. In the late 1950s, an enthusiastic group of Red Lodge and Billings skiers formed Grizzly Peak, Inc. The group raised $250,000 through stock sales to develop a ski …Red Lodge Mountain is an alpine ski area in the western United States, located in south-central Montana along the eastern front of the Beartooth Mountains, west of the town of Red Lodge. In the late 1950s, an enthusiastic group of Red Lodge and Billings skiers formed Grizzly Peak, Inc. The group raised $250,000 through stock sales to develop a ski area. Red Lodge Grizzly Peak opened on January 2, 1960, with one double chair, three trails, and a small lodge.