Andretti Global Plans Fishers, Indiana, Motorsports Headquarters
08/23/2022
The company will build a 575,000-square-foot facility on 90 acres near the Nickle Plate Trail, Ritchey Woods Nature Preserve and Indianapolis Metropolitan Airport. The new location will serve as the headquarters of global commercial functions and the base of operations for the team’s current NTT INDYCAR SERIES, Indy Lights and IMSA programs, as well as other future racing initiatives. Construction is planned for this Fall and operations by 2025.
“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 Michael Andretti, chairman and CEO of Andretti Autosport. “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. 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.”
Pending approval of the Indiana Economic Development Corporation (IEDC) board of directors, the IEDC will commit an investment in Andretti Autosport of up to $19 million in the form of conditional tax credits and up to $125,000 in training grants based on the company’s plans to invest in its Indiana operations. The city of Fishers has approved additional incentives.
“I am excited to celebrate this legendary racing family of entrepreneurs in their competitive quest to innovate in the global racing industry,” added Indiana Secretary of Commerce Brad Chambers. “Indiana continues to demonstrate leadership in this sector as well as its position as a premier destination for automotive, speed and mobility-focused industries.”
Led by racing legend Michael Andretti, the Andretti Autosport team fields multiple entries in INDYCAR, Indy Lights, IMSA, and the ABB Formula E World Championship; and has collaborations in Extreme E as Andretti United Extreme E, Australian Supercars as Walkinshaw Andretti United and has a presence in Mexico’s Supercopa series as Andretti Jourdain Autosport.
“In 2015, the Indianapolis Airport Authority and the City of Fishers partnered to maximize the use of this land and thus increase to an even greater level the quality of life for residents of Fishers, said Mario Rodriguez, executive director of the Indianapolis Airport Authority. “We are so pleased Andretti chose this location and supports the vision for this vital part of Fishers and the iconic team that leads this great effort.”
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