Andretti Global to Build $200M Motorsports Facility
Andretti Global, the parent company of Andretti Autosport, will build a universal motorsports headquarters in Fishers, Indiana, the company announced.
The team intends to build a 575,000 square-foot facility that will occupy approximately 90-acres, the company said.
“Indiana holds an important place in the history of racing, and in my career as a driver and an owner; I’m happy to confirm that the Racing Capital of the World will continue to be the home of our global racing efforts for a long time to come,” said Andretti Global Chairman and CEO Michael Andretti. “We’re excited about our plans for the new campus and looking forward to becoming a part of the Fishers community.
“Over the past 20 years, I’ve worked to expand our operations and I’m proud of our steps to create a diverse racing portfolio. Our current facility has served us well. Our team has expanded in both competition and commercial areas and our people deserve the best environment and resources available. I’m excited to have so many of our teams under one roof as we continue to build and grow. For us, it’s about more than just having somewhere to work on the cars; it’s about having a global motorsport home and sharing that with our people, our fans and our sponsors to advance the sport and leave a lasting legacy.”
The $200 million facility is planned to serve as the headquarters of Andretti’s global commercial functions and the base of operations for the team’s current NTT IndyCar Series, Indy Lights and IMSA programs and other future racing initiatives. In addition to housing day-to-day operations for the racing team, the building will be home to the advanced research and development of Andretti Technologies, the company said.
The new campus will also include a planned indoor amphitheater and a museum and innovation center, the company said.
Planning is underway on the new facility, with construction expected to begin in the fall of 2022, pending all relevant approvals. The building is projected to be operational by 2025.
