Indianapolis Motor Speedway Museum announces $89 million campaign

Indianapolis, Indiana – This will be the museum’s first significant restoration in nearly 40 years that is focused on the Indy 500 and all things racing.

The Indianapolis Motor Speedway Museum unveiled “The Stories Behind the Spectacle,” a $89 million effort to renovate and modernize the 47-year-old museum. It also intends to establish an endowment to support future investments in addition to the substantial renovation.

According to the museum, the project’s objectives are to “reimagine our space to display vehicles and objects better, protect our collection, and inspire the next generation of engineers, technicians, drivers, and fans.”

Plans call for completely remodeling the interior of the almost 40,000-square-foot museum, adding a new mezzanine level, separate show areas, and an educational space. Visitors can also take part in :

• Seven permanent and three rotating immersive experiences
• The opportunity to get up close to some of the world’s most unique + valuable racing artifacts on a behind-the-scenes tour
• The sensation of being in an IndyCar Series car
• Education on the tools and equipment of the racing trade by competing in a mock pit stop

Since the museum’s opening at 4750 W. 16th St. about 40 years ago, this will be the first significant refurbishment. Additionally, the project will modernize the mechanical and air systems extensively.

Starting in October, the museum will be temporarily closed for renovation. The museum will then close completely in November until April 2025. The redesigned event will make its premiere before the 109th Indianapolis 500.

The group has so far received $46 million from the fundraising effort. You have three options for contributing to the campaign: a one-time contribution, a pledge commitment, or a bequest.