Andretti Global, the parent company of Andretti Autosport, today announced that the team has chosen Fishers, Indiana, as the location of its future universal motor racing headquarters.
The team intends to construct a 5.3 hectare facility on a 36 hectare lot along the Nickel Plate Trail, the Ritchey Woods Nature Preserve and near the Indianapolis Metro Airport. The new global headquarters is expected to create up to 500 jobs in the local community by early 2026.
Andretti offers a new headquarters
The $200 million facility is planned to serve as the headquarters for Andretti’s global business functions and the base of operations for NTT’s current INDYCAR SERIES, Indy Lights and IMSA team programs and other racing initiatives. future.
In addition to housing the day-to-day operations of the race team, the building will be the headquarters for advanced research and development for Andretti Technologies. This collaborative campus will be equipped with modern technologies and will create a working and living environment for the good advancement of the team.
“Indiana holds an important place in motor racing history and in my career as a driver and owner; I am pleased to confirm that the motor racing capital of the world will continue to host our global motor racing programs for a long time to come. « said Michael Andretti, President and CEO of Andretti Global. « We are excited about our plans for the new campus and look forward to being part of the Fishers community. »
Planning for the new facility is underway, with construction expected to begin in fall 2022, subject to all relevant approvals. The building is expected to be operational by 2025.
The team, led by Michael Andretti, operates worldwide in seven racing championships and across eight types of motorsport with 17 full-time drivers. Andretti first became a team owner in 2003 after retiring from his full-time racing career.
Nearly two decades later, Andretti has built a diverse and global business, present at the highest levels of motorsport and on all five habitable continents. As a team owner, Andretti won 17 championship titles and 252 victories, including five Indianapolis 500 victories, a Bathurst 1000 mile victory, a Sebring 12 Hour title and championship wins. of the ABB FIA World of Formula E and in the Extreme E series.
Pending approval from the Indiana Economic Development Corporation (IEDC) Board of Directors, IEDC will commit to invest in Andretti Autosport up to $19 million in the form of contingent 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.