Monday, August 22, 2022
About this Event
FISHERS, Ind. (Aug. 22, 2021) – Andretti Global, the parent company of Andretti Autosport, announced plans today to establish its universal motorsports headquarters in central Indiana, enabling increased innovation and creating up to 500 new jobs by the end of 2026.
"Indiana has long been the racing capital of the world, and Andretti Autosport's commitment to growth here will only further cement our state's leadership position in Motorsports and STEM-related pursuits," said Governor Eric J. Holcomb. "This new campus will not only bring new, exciting employment opportunities and serve as an asset for one of our fastest-growing communities, but it will also show just how much this living legacy, one of the most globally iconic brands known, continues to invest in the future of our great state."
“I am excited to celebrate this legendary racing family of entrepreneurs in their competitive quest to innovate in the global racing industry,” said 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.”
Andretti Global will invest $200 million to build a modern, 575,000-square-foot facility on 90 acres in Fishers near the Nickle Plate Trail, Ritchey Woods Nature Preserve and Indianapolis Metropolitan Airport. The new development will 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, as well as 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 efforts of Andretti Technologies.
“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.”
Planning of the new headquarters is underway, with construction expected to begin in the fall and the facility expected to be operational by 2025. The collaborative campus will feature modern technologies and create a work-life environment to support Andretti’s team, fans, and partners. Additionally, the headquarters’ location will allow Andretti Global the opportunity to welcome community and race fans from the around the world through involvement with the Fishers Parks Nature First program, planned indoor amphitheater and museum and innovation center that will preserve and showcase the Andretti legacy and inspire the future of motorsports.
“Partnering with Andretti to bring an incredible mix of innovation, visitor experiences and a commitment to the local community is a dream come true for this special property at the Indianapolis Metropolitan Airport,” said Fishers Mayor Scott Fadness. “Fishers will be a welcomed home for the future of Andretti, and I look forward to celebrating their successes together.”
Andretti operates worldwide in seven racing championships and across eight types of motorsports with 17 full-time drivers. Since establishing the team in 2003, Michael Andretti has built a diverse, global enterprise competing at the highest levels of motorsport and reaching all five habitable continents. In his time as a team owner, Andretti has collected 17 championship titles and 252 race wins – including five Indianapolis 500 victories, victory at the Bathurst 1000, a Sebring 12 Hour title and wins in the ABB FIA Formula E World Championship and Extreme E series.
“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.”
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.
About Andretti Global
Andretti Autosport, led by racing legend Michael Andretti, boasts a wide racing portfolio rooted in tradition and designed for success.
Under the banners of Andretti Autosport and Avalanche Andretti Formula E, the Indianapolis-based team fields multiple entries across the INDYCAR SERIES, Indy Lights, the FIA Formula E World Championship and the IMSA Prototype Challenge LMP3 division. The team also competes as Walkinshaw Andretti United in the Australian Supercars category through partnership with Walkinshaw Racing and United Autosports. Additionally the team fields an entry in the Extreme E championship via Andretti United Extreme E.
The global racing enterprise boasts four INDYCAR SERIES championships, five Indy Light titles, one Pro Mazda championship, a Silver Class GT4 Championship and has captured victory five times at the famed Indianapolis 500. The team also holds two X Games Gold Medals and five U.S. rallycross championships.
To share in the Andretti story, please visit online at AndrettiAutosport.com and follow on social media with #AllAndretti.
The Indiana Economic Development Corporation (IEDC) is charged with growing the State economy, driving economic development, helping businesses launch, grow and locate in the state. Led by Secretary of Commerce Brad Chambers, @SecChambersIN, and governed by a 15-member board chaired by Governor Eric J. Holcomb, @GovHolcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit iedc.in.gov.