FISHERS, Ind. — Andretti Autosport planning to build a massive new facility in Fishers to serve as its base of operations for its major racing ventures.
The $200 million facility will create 500 new jobs for the area and will house Andretti’s IndyCar, Indy Lights, and IMSA programs.
“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.”
The Indiana Economic Development Corporation is also giving Andretti Autosport around $19 million in tax incentives to build the facility in Fishers. It will be located near the Nickle Plate Trail, Ritchey Woods Nature Preserve, and Indianapolis Metropolitan Airport.
Construction will begin soon with the facility expected to be fully operational by 2025.
Andretti operates worldwide in seven racing championships and across eight types of motorsports with 17 full-time drivers. Andretti Autosport was founded in 2003.