Dallara factory on slow track to nowhere

The Dallara factory in Speedway, Indiana is just a pile of rubble. It was paid for by bondholders and does not look like any cars will be assembled anytime soon. To make matters worse the design and manufacturing will all be done in Italy, with the only work done in the USA is bolting the cars together.

A reader writes, Dear AR1.com, As a avid life long IndyCar fan, and a resident of the town of Speedway I wanted to share my disappointment with what has been going on lately with the new Dallara factory. When the news first broke about Dallara supplying the new Indy car , and building a factory on Main Street in Speedway I was ecstatic. Sure, we all would have loved to have more then one manufacture building the new car, but with the commitment from Dallara to put up a state of art building in Speedway, Indiana, to build the new era of race car, it was a win, win for IndyCar, and the town of Speedway, or so it seemed.

As it turned out it looks like the town is paying for the building of the factory with a 6.5 million dollar, 20 year bond that passed a few weeks ago, and the construction is going nowhere. I'm not so impressed.

Here is what the building site looks like today, and has looked like for the last month. With just a little over a year before the new cars will be racing, it appears this project is not as great of a deal as was presented to the towns people, or the racing community. Lets hope this situation changes. Randy has done a great job for Indy Car so far, and I wish him, IndyCar and the IMS the best, but this deal sucks. A concerned racer from Speedway