For the first time in nearly 40 years, the Indianapolis Motor Speedway Museum is set to undergo an extensive transformation.
INDIANAPOLIS — On Tuesday, the Indianapolis Motor Speedway Museum announced an upcoming renovation that will be the first for the museum in nearly 40 years.
The $89 million project is now entering the public phase of the campaign to raise funds with $46 million already raised from donations of local leaders and $20 million Lilly Endowment gift. “We are deeply indebted to numerous community and business leaders, Lilly Endowment, Mary and Randy Rogers, Sandi and Scott Borchetta, The Bobby Rahal Family, and Mike Curb for their transformative gifts in support of the IMS Museum’s capital campaign and planned renovations.
Of the $89 million, $64 million will be use to transform the interior of the museum with new infrastructure and state-of-the-art technology. $15 million will be used to create a news automobile restoration facility. The final $10 million will be used toward the creation of an endowment that allows the museum to acquire additional artifacts.The Museum will completely close to the public in November 2023 and remain closed until April 2025 when the newly renovated IMS Museum will re-open in time for the 109th Running of the Indy 500.
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