Spirit of Speedway (2023)
About this raise
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.
Investment Overview
Not Funded: $25,000
Deal Terms
Total Commitments
- Platform
- Silicon Prairie Online
- Start Date
- 12/26/2022
- Close Date
- 05/31/2023
$25,000
$250,000
$2,500
Equity - Common
Early Stage
RegCF
$1.36
$8,868,000
Company & Team
Company
- Year Founded
- 2021
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/31/2023 | Silicon Prairie Online | $8,868,000 | $25,000 | Equity - Common | Not Funded | RegCF |
| 05/31/2022 | Silicon Prairie Online | - | $137,000 | Equity - Common | Funded | RegCF |
Growth Charts
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.