7/17/2023 0 Comments Download andretti go kart racing![]() ![]() It's hoped the other businesses will be identified in time that construction of all of them and the parking deck can be done simultaneously. Once the coming applications and site review are completed in Schaumburg, construction is expected to take 10 months from groundbreaking, Montgomery said. ![]() In 2021, the company reached an all-time high of $100 million in revenues, resulting in the payment of $1.5 million in year-end bonuses and this month's launch of a new employee profit-sharing arrangement. ![]() Montgomery said the new location will employ 350 people.Īndretti Karting has fared well during the pandemic due to its dedication to hygiene protocols and making its patrons aware of them, LaMagna said. The company plans to buy the Schaumburg site for $6 million and then invest another $30 million in a venue that will include multilevel karting tracks for different age ranges, an arcade, a two-level laser tag arena, bowling, virtual reality attractions, a full restaurant and bar, and 10,000 square feet of event space. "We think Schaumburg is the perfect place to plant our first Midwestern flag," Montgomery said. Oak Brook-based Kensington Development Partners is expected to reach an agreement with Schaumburg on Tuesday to market those additional restaurant and entertainment spaces.Īndretti Karting's Director of Real Estate & Development Chad Montgomery said the appeal of his company's first Midwestern venue is likely to make Kensington's task easier.Ī million visitors a year are projected at the proposed Andretti Karting in Schaumburg, which will take the company beyond its southern locations in Florida, Georgia and Texas. Other elements would include a multilevel, 900-space parking deck and an additional entertainment venue and restaurant. ![]()
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