'Better than Ferrari's': Inside Andretti's plans for a $200 million race facility in Fishers The creation of Andretti's $200 million roadblockį1’s $200 million anti-dilution fee dates to the early months of the COVID-19 pandemic when team bosses were in the final stages of crafting the sport’s latest all-encompassing binding document – the Concorde Agreement – that would govern the sport from 2021-25. Even as Andretti Global seems to reach every new goal demanded by Liberty Media and the majority of F1 team bosses – an engine deal with Renault, the backing of a billionaire, breaking ground on a 575,000 square-foot facility and aligning with General Motors for technical expertise – this latest challenge will undoubtedly prove to be the toughest yet.Īndretti, billionaire Mark Walter and chief ally Dan Towriss need to bring several hundred million dollars more to the table, as well as an ironclad business plan with proof there are untold millions more for the series for the long term.
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