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The Indianapolis Motor Speedway Museum has begun construction on a new 87,000 square-foot Restoration and Event Center, located at 1111 Polco Street. This facility will house around 150 Indy cars and allow fans to witness the restoration process.
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IMS Museum breaks ground on new Restoration and Event Center
The Indianapolis Motor Speedway Museum broke ground Wednesday morning on their new Restoration and Event Center, at 1111 Polco Street; just blocks from the track.
It will eventually be an 87,000 square-foot space that is home to about 150 Indy cars that are currently around the city. The goal is to allow fans watch those vehicles be restored from start to finish.
"I was able to inherit a lot of other people's visions and it's so exciting to take those visions and bring them to life," said Michael Good, who is four months into his role as the organization's president. "It's really more than a ribbon-cutting, this is really a transformational moment for the museum. This is a vision becoming a reality that's been in play for a long time, and we're actually able to see it start to take shape."
The original Indianapolis Motor Speedway Museum was built back in 1956, but since 1976, the museum has been in the same space in the track's infield. In the time since its opening, the museum has had multiple renovations, most notably in 2023, which was completed in March 2025. However, Good made it clear that this project is something much different.
Chip Ganassi Racing driver Scott Dixon (9) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Team Penske driver Josef Newgarden (2) gets a ride through pit lane Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
The new center will serve as a space to restore approximately 150 Indy cars and provide fans with the opportunity to watch the restoration process.
The new center is located at 1111 Polco Street, just blocks from the Indianapolis Motor Speedway track.
Michael Good, who has been in his role for four months, is the president of the IMS Museum overseeing the new Restoration and Event Center project.
The new Restoration and Event Center will be 87,000 square feet in size.

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Chip Ganassi Racing driver Alex Palou (10) looks down pit lane Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Andretti Global driver Marcus Ericsson (28) prepares to get into his ride Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Team Penske driver Josef Newgarden (2) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Members of the Indy Ignite volleyball team talk with a crew member for Meyer Shank Racing with Curb Agajanian driver Helio Castroneves (06) on Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Team Penske driver David Malukas (12) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Chip Ganassi Racing driver Alex Palou (10) talks with crew members Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Chip Ganassi Racing driver Kyffin Simpson (8) prepares to sit into his ride Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Crew members for Chip Ganassi Racing driver Kyffin Simpson (8) work on their car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Andretti Global driver Marcus Ericsson (28) puts on his helmet Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Team Penske driver Josef Newgarden (2) puts in ear protection Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Andretti Global driver Marcus Ericsson (28) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Richard Shinall, a tire specialist with the car of Andretti Global driver Kyle Kirkwood (27), wipes the rims of tires Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Chip Ganassi Racing driver Alex Palou (10) talks Wednesday, May 13, 2026, ahead of practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
The scoring pylon Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Chip Ganassi Racing driver Kyffin Simpson (8) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Chip Ganassi Racing driver Scott Dixon (9) makes his way to his pit box Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Chip Ganassi Racing driver Scott Dixon (9) puts in ear protection Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Chip Ganassi Racing driver Scott Dixon (9) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
Chip Ganassi Racing driver Kyffin Simpson (8) sits in his pit box Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Chip Ganassi Racing driver Scott Dixon (9) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Chip Ganassi Racing driver Scott Dixon (9) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Team Penske driver Josef Newgarden (2) gets a ride through pit lane Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Chip Ganassi Racing driver Alex Palou (10) looks down pit lane Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Andretti Global driver Marcus Ericsson (28) prepares to get into his ride Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Team Penske driver Josef Newgarden (2) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Members of the Indy Ignite volleyball team talk with a crew member for Meyer Shank Racing with Curb Agajanian driver Helio Castroneves (06) on Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Team Penske driver David Malukas (12) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Chip Ganassi Racing driver Alex Palou (10) talks with crew members Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Chip Ganassi Racing driver Kyffin Simpson (8) prepares to sit into his ride Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Crew members for Chip Ganassi Racing driver Kyffin Simpson (8) work on their car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Andretti Global driver Marcus Ericsson (28) puts on his helmet Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Team Penske driver Josef Newgarden (2) puts in ear protection Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Andretti Global driver Marcus Ericsson (28) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Richard Shinall, a tire specialist with the car of Andretti Global driver Kyle Kirkwood (27), wipes the rims of tires Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Chip Ganassi Racing driver Alex Palou (10) talks Wednesday, May 13, 2026, ahead of practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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The scoring pylon Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Chip Ganassi Racing driver Kyffin Simpson (8) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Chip Ganassi Racing driver Scott Dixon (9) makes his way to his pit box Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Chip Ganassi Racing driver Scott Dixon (9) puts in ear protection Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Chip Ganassi Racing driver Scott Dixon (9) sits down into his car Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
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Chip Ganassi Racing driver Kyffin Simpson (8) sits in his pit box Wednesday, May 13, 2026, during practice for the 110th running of the Indianapolis 500 at Indianapolis Motor Speedway.
In addition to restoring the cars, the second floor of the facility will offer a space for events that "overlooks both the gallery and the restoration shop," according to Good. The museum already hosts a number of events, but with the new space, this is expected to increase significantly.
"We needed space," said Rob Dyson, a recent inductee into the Motor Sports Hall of Fame, who was instrumental in creating the new space. "The guys at the restoration shop were working out of a two-car garage. We just were not able to handle the task at hand of making these cars preserved and working.
"There is no other site that could be better for what the museum is able to do with this site."
One of the fundamental pillars of the project has been providing an educational experience for the next generation of race fans.
"The main thing that I am really excited about with this initiative as well is our chance to stimulate and educate a whole new generation of race fans, a whole new generation of people that will be loyal to the traditions of the Indianapolis 500," Newly appointed museum chairman, Chuck Jones said.
Indianapolis-based construction company Shiel Sexton is spearheading the efforts. There isn't a firm date for completion at this time but Good gave the audience an idea of their goals.
"We're hoping to open it a year from now, give or take," he said. "So, we're hoping to have this open before the race next year."
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This article originally appeared on Indianapolis Star: IMS Museum breaks ground on new Restoration and Event Center