Andretti Global builds new motorsport headquarters[F1-Gate.com]

Andretti Global, the parent company of Andretti Autosport, has announced that the team will invest $200 million to build a new Universal Motorsports headquarters in Fishers, Indiana.

Andretti Global will build a 575,000 square foot facility covering approximately 90 acres along the up-and-coming Nickel Plate Trail, Ritchie Woods Conservation Area and near the Indianapolis Metropolitan Airport.

Andretti Global’s new global headquarters is expected to add up to 500 jobs to the local community by early 2026.

“Indiana has an important place in the history of racing and in my career as a driver and owner,” said Michael Andretti, Chairman and CEO of Andretti Global.

“We are excited about the plans for our new campus and look forward to being part of the Fishers community.”

“Over the past 20 years I have worked to expand our business and am proud of our efforts to create a diverse racing portfolio.Our current facilities serve us well. , is expanding in both competitive and commercial areas, and our talent deserves the best environment and resources available.”

“We are excited to have so many teams under one roof as we continue to build and grow. For us, it is not just about having a place to work on cars. It’s important to keep motorsport at home and share it with our people, fans and sponsors to advance the sport and leave a lasting legacy.”

The $200 million facility will serve as the headquarters for Andretti’s global commercial functions and serve as the operational hub for the team’s current NTT IndyCar Series, Indy Lights, IMSA program and other future racing initiatives. schedule.

The building will not only house the day-to-day operations of the racing team, but will also be home to Andretti Technologies’ advanced research and development. The joint campus will feature the latest technology and create a work-life environment for the benefit of teams, fans and partners.

“Indiana has long been the racing capital of the world, and Andretti Autosports’ commitment to growth here is a testament to the state’s leadership in motorsports and STEM-related pursuits,” said Indiana Governor Eric J. Holcombe. It will make our position even stronger,” he said.

“Not only will this new campus bring new and exciting employment opportunities and serve as an asset to our fastest growing community, but this living legacy of one of our most globally recognized brands will continue to serve us. It also shows how much we continue to invest in the future of our great state.”

“We are thrilled to celebrate the legendary racing family of competitive entrepreneurs looking to innovate in the global racing industry,” said Indiana Secretary of Commerce Brad Chambers.

“Indiana continues to demonstrate leadership in this area as well as its position as a premier destination for industries focused on cars, speed and mobility.”

The new campus will give Andretti Global access to a global Provide an opportunity to welcome the community and race fans.

Marissa Andretti, Vice President of Andretti Autosport, said: “We are building a destination that is not only the home and hub of our global team, but also a destination where everyone feels part of the Andretti family.”

“We look forward to our new headquarters serving as a gathering place for our team members and community. Our employees are the heart of our business and our most valuable asset. , it is important to create an engaging campus culture and environment so that careers can last.Racing is not just a job, it is a way of life and we build a sense of community beyond the workplace. I am working to

Planning for the new facility is underway, with construction set to begin in the fall of 2022, pending all related approvals. The building is expected to be operational by 2025.

“Partnering with Andretti to bring an incredible combination of innovation, visitor experience and commitment to the community is a dream come true for this special facility at the Indianapolis Metropolitan Airport,” said Scott Fadones, Mayor of Fishers. It’s done,” he commented.

“Fischer’s is a welcome home for Andretti’s future and we look forward to celebrating their successes together.”

Led by Michael Andretti, the team, with 17 full-time drivers, competes in seven racing championships and eight motorsports around the world.

Michael Andretti first became a team owner in 2003 after retiring from a full-time driving career. Nearly two decades later, Andretti has built a diverse global company, competing at the highest levels of motorsport and reaching all five of his habitable continents.

As team owner, Michael Andretti has won 17 championship titles and 252 race wins. This includes five Indy 500 wins, a Bathurst 1000 win, the Sebring 12 Hours title, ABB FIA Formula E World Championship and Extreme E Series wins.

Pending approval by the Indiana Economic Development Corporation (IEDC) Board of Directors, IEDC will invest up to $19 million in Andretti Autosport in the form of conditional tax credits and training grants under its Indiana operations investment plan has committed to invest up to $125,000. The City of Fishers approves additional incentives.

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Category: F1 / Andretti

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