Spirit of Speedway

Spirit of Speedway

Early Stage

Spirit of Speedway

Spirit of Speedway

Overview

Raised this Round: Raised: $25,000

Total Commitments ($USD)

Platform

Silicon Prairie Online

Start Date

12/25/2022

Close Date

05/31/2023

Min. Goal
$25,000
Max. Goal
$250,000
Min. Investment

$2,500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.36

Pre-Money Valuation

$8,868,000

Year Founded

2021

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

INDIANAPOLIS, Indiana

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: 12/25/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Spirit of Speedway 05/30/2023 Silicon Prairie Online $8,868,000 $25,000 Equity - Common Not Funded RegCF
Spirit of Speedway 05/30/2022 Silicon Prairie Online - $137,000 Equity - Common Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
Spirit of Speedway on Silicon Prairie Online 2022
Platform: Silicon Prairie Online
Security Type: Equity - Common
Valuation: $8,868,000
Price per Share: $1.36

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Follow Spirit of Speedway on Silicon Prairie Online 2022

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