F1/IndyCar: Andretti Global break ground on new Headquarters in Fishers, Indiana (Update)

Ground was broken today on the new 575,000 SF Andretti Global Facility in Fishers, Indiana.

Breaking ground at the new Andretti Global facility, from left, CEO Michael Andretti, Daniel Towriss (CEO of Group1001 who is helping to finance much of the deal), Mario Andretti and Marissa Andretti, VP of Andretti Autosport

Andretti Global, the parent company of Andretti Autosport, broke ground on its new 575,000-square-foot global racing and technology headquarters today in Fishers, Indiana. 

“The planning of our new global headquarters has been an exciting process, and we’re happy to be breaking ground and have steps underway to see our plans come to life,” said Andretti Global Chairman and CEO Michael Andretti. “Indiana has been home to the Andretti organization for many years, and we’re thrilled to enhance our commitment to this state that has been so supportive of the entire motorsports industry. The Fishers community has been very welcoming, and it was great to see so many of our supporters and neighbors join us today as we continue to write our history.”

Rendering of the entrance of the new Andretti Global Headquarters

Andretti Global Chairman and CEO Michael Andretti was joined by Indiana Governor Eric J. Holcomb, Indiana Secretary of Commerce Brad Chambers and City of Fishers Mayor Scott Fadness in kicking off construction on the 90-acre collaborative campus alongside the Indianapolis Metropolitan Airport.

“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 Indiana 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.”

The state-of-the-art facility is set to open in 2025 and will add up to 500 jobs to the local community by early 2026. Cutting-edge technology will be used to optimize the performance of the campus and to create an environment that encourages the best from employees.

“It’s a great feeling to see all of the efforts everyone has put into creating a home for Andretti Global in the Fishers community,” said VP, Andretti Autosport and Managing Director, Andretti Technologies Marissa Andretti. “It’s all come together at today’s groundbreaking ceremony. We’re proud of what our team is doing to make the new headquarters not just a home base for our team, but also a gathering place for the community. We also want to extend a huge thank you to our build team who are helping us turn our vision of creating a healthy workplace for employees and a campus that uses sustainable solutions into reality.”

The new facility will serve as the headquarters of day-to-day operations for Andretti’s current NTT INDYCAR SERIES, INDY NXT (formerly Indy Lights) and IMSA programs, global commercial functions of Andretti Formula E and Andretti Extreme E and the advanced research and development business of Andretti Technologies. 

The team, led by Michael Andretti, currently operates worldwide in seven racing championships and focuses in eight different categories of motorsport with 17 full-time drivers. Andretti first became a team owner in 2003 after retiring from his full-time driving career. Nearly two decades later, 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 257 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.

Construction on the new facility will begin immediately. Andretti is working closely with hometown contractor Dale Dillon and his Indiana-based Dillon Construction Group along with Studio M Architecture & PlanningAlso supporting the project are Bradford Allen, Ridge & Partners LLP and Dimensional Innovations

“Today we bring together innovation and performance, future and legacy, and commerce and experience in such a way that only the Andretti family can,” said Fishers Mayor Scott Fadness. “When the Andretti Global campus comes to fruition we will have gained not just an amazing destination and workplace in Fishers but a true community partner that has a shared vision for the next chapter of our city.”

The Indiana Economic Development Corporation (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.

“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.” 


August 22, 2022 

Andretti Global, the parent company of Andretti Autosport, has announced today that the team has chosen Fishers, Indiana, to be the future home of its universal motorsports headquarters. The team intends to build a 575,000 square-foot facility that will occupy approximately 90-acres alongside the up-and-coming Nickel Plate Trail, the Ritchey Woods Nature Preserve and near the Indianapolis Metropolitan Airport. The new global headquarters would add up to 500 jobs to the local community by early 2026.

“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 Andretti Global 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.

The Andretti facility resembles McLaren’s F1 facility. For reference on how MASSIVE this new Andretti Global HQ is going to be…Both Rahal and Arrow McLaren have planned new 100,000 sq-ft facilities . RLL’s is estimated to cost $20M. The Andretti one is almost 6x the size, and 10x the cost.

“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 $200 million facility is planned to 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 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. The collaborative campus will feature modern technologies and create a work-life environment for the benefit of our team, fans and partners.

“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 Indiana 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 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,” added 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.”

The new campus will give Andretti Global the opportunity to welcome the community and race fans from around the world through involvement with the Fishers Parks Nature First program, planned indoor amphitheater and a museum and innovation center that will preserve and showcase the Andretti legacy and inspire the future of motorsports.

“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,” said Andretti Autosport Vice President 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 fall of 2022, pending all relevant approvals. The building is projected to be operational by 2025.

“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.”

The team, led by Michael Andretti, operates worldwide in seven racing championships and across eight types of motorsport with 17 full-time drivers. Andretti first became a team owner in 2003 after retiring from his full-time driving career. Nearly two decades later, 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.

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.

 

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