Andretti Global, the parent company of Andretti Autosport, is to invest US$200m in a new headquarters in Fishers, Indiana. “Indiana holds an important place in the history of racing, and in my career as a driver and an owner, and 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 Andretti Autosport chairman and CEO Michael Andretti.
“We’re excited about our plans for the new campus and looking forward to becoming a part of the Fishers community,” he continued. “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. Our current facility has served us well. Our team has expanded in both competition and commercial areas and our people deserve the best environment and resources available. I’m excited to have so many of our teams under one roof as we continue to build and grow. 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.”
The facility is planned to serve as the headquarters of Andretti’s global commercial functions and the base of operations for the team’s current IndyCar, Indy Lights and IMSA programs and 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 of Andretti Technologies.
“Beyond being the base of operations and nerve center for our global teams, we’re building a destination where everyone can feel like part of the Andretti family,” added Andretti Autosport VP Marissa Andretti. “We are looking forward to our new headquarters serving as a gathering place for our team members and the community. Our employees are the heart of our business and our most valuable asset. It’s important to us that we create an engaging, campus culture and environment where we feel we can have longevity in our careers. Racing can be more than a job – it’s a way of life, and we’re working to build a sense of community beyond the workplace.”
Planning is underway on the new facility, with construction expected to begin in the autumn of 2022, pending all relevant approvals. The building is projected to be operational by 2025.