Spirit of Speedway

Early Stage

Spirit of Speedway

Analytics

Raised to Date: Raised: $137,000

Aggregate Commitments $

Platform

Silicon Prairie Online

Start Date

10/26/2021

Close Date

05/31/2022

Min. Goal

$100,000

Max. Goal

$250,000

Min. Investment

$1,000

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$1.36

Rolling Commitments $

Status

Active

Reporting Date

05/23/2022

Days Remaining

8

% of Min. Goal

137%

% of Max. Goal

55%

Likelihood of Max
unlikely
Avg. Daily Raise

$656

Momentum
cold.svg
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Location

INDIANAPOLIS, Indiana

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Spirit of Speedway is raising funds on Silicon Prairie Online. It is a one-of-a-kind Indy 500 program that allows investors to invest in the ownership of a race car entry for the Indy 500. The Indy 500 program is an exclusive program through Marotti Autosport that allows race fans to become a part of the team and celebrate the hometown of the Indianapolis Motor Speedway. Will Marotti founded Spirit of Speedway in June 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used for the growth and expansion of the Spirit of Speedway program.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$18,318

$0

Long-Term Debt

$0

$0

Total Liabilities

$18,318

$0

Financials as of: 10/26/2021
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Spirit of Speedway on Silicon Prairie Online 2021
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Platform: Silicon Prairie Online
Security Type: Equity - Common

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