The American team intends to build a 534,000 square meter facility that will occupy approximately 36 hectares next to the promising Nickel Plate Trail, the Ritchey Woods nature reserve and near the Indianapolis metropolitan airport. The new headquarters will create up to 500 jobs in early 2026.
The $200 million facility is intended to serve as the headquarters for Andretti’s business functions and as a base of operations for current IndyCar, Indy Lights and IMSA programs, as well as a possible entry into F1. In addition to housing the daily operations of the racing team, the building will be the headquarters of Andretti Technologies, the R&D arm of the company.
The new campus will give Andretti Global “the opportunity to welcome the community and racing fans from around the world through participation in the Fishers Parks Nature First program, the planned indoor amphitheater and a museum and innovation that will preserve and showcase the Andretti legacy and inspire the future of motorsport.”
Construction is expected to begin in the fall of 2022 and it will be operational in 2025.
Pending approval by 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 scholarships based on the company’s plans to invest in its Indiana operations. The City of Fishers has approved additional incentives.