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City of Fishers Awards $26,000,000 Bonds Contract to Motorsport Real Estate Ventures (April 2025)

City of Fishers logoCity of Fishers
Disclosed value
$26,000,000
From resolution
Approved
Apr 21, 2025

The 30-second brief

What it covers

The City of Fishers Economic Development Commission has approved economic development revenue bonds up to $26 million for Motorsport Real Estate Ventures, LLC to finance the Andretti project, which includes construction and renovation of Cadillac Formula 1 and TWG Motorsport headquarters.

Who holds it

Motorsport Real Estate Ventures holds this bonds contract with City of Fishers.

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Contract details

Contract type
Bonds
Amount
$26,000,000
Document date
April 21, 2025
Term
NA
Vendor
Motorsport Real Estate Ventures
Agency
City of Fishers
Source document
city-of-fishers-economic-development-commission-resolution_1e4.pdf (Resolution)

Motorsport Real Estate Ventures's other public contracts

City of Fishers, IndianaMotorsport Real Estate Ventures agreement approved · Apr 21, 2025UndisclosedCity of Fishers, IndianaAndretti Project Amendment Approved for Motorsport Ventures · Apr 21, 2025UndisclosedCity of Fishers, Indiana$26 million financing awarded for Andretti Project · Apr 1, 2025$26MCity of Fishers, IndianaCity approves $26 Million bond for Cadillac HQ · Mar 17, 2025$26MCity of Fishers, IndianaMotorsport Real Estate Ventures gets tax break · Feb 24, 2025UndisclosedAll Motorsport Real Estate Ventures contractsVendor profile

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Questions about this contract

Who was awarded the bonds contract by City of Fishers?

Motorsport Real Estate Ventures was awarded this bonds contract by City of Fishers, as recorded on April 21, 2025. The contract value is $26,000,000.

How much is the Motorsport Real Estate Ventures contract with City of Fishers worth?

The Motorsport Real Estate Ventures contract with City of Fishers is valued at $26,000,000, covering bonds work.

What type of contract is this?

This is a Bonds contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-fishers-economic-development-commission-resolution_1e4.pdf (Resolution), dated April 21, 2025 from City of Fishers. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Motorsport Real Estate Ventures hold?

Motorsport Real Estate Ventures may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Fishers currently buying?

Explore City of Fishers's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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