Spirit of Speedway

Early Stage

Spirit of Speedway

Overview

Raised to Date: Raised: $25,000

Total Commitments ($USD)

Platform

Silicon Prairie Online

Start Date

12/26/2022

Close Date

05/31/2023

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$2,500

Security Type

Equity - Common

Series

Seed

Funding Type

RegCF

Price Per Share

$1.36

Pre-Money Valuation

$8,868,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

118

% of Min. Goal

50%

% of Max. Goal

10%

Likelihood of Max
unlikely
Avg. Daily Raise

$658

# of Investors

2

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 $50,000 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

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 12/26/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Spirit of Speedway 05/31/2023 Silicon Prairie Online $8,868,000 $25,000 Equity - Common Active RegCF
Spirit of Speedway 05/31/2022 Silicon Prairie Online - $137,000 Equity - Common Funded RegCF
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Spirit of Speedway on Silicon Prairie Online 2022
$
Platform: Silicon Prairie Online
Security Type: Equity - Common
Valuation: $8,868,000
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