Juncos breaks ground on new headquarters

Joined by the Speedway Redevelopment Commission (SRC), Speedway Town Manager Ian Nicolini and President of the Indianapolis Motor Speedway Doug Boles, Argentina-born team principal Ricardo Juncos dug the first shovel into its new $3 million, 41,000-square-foot facility which is expected to be completed by early fall.

The facility will house a body shop and office space for its six drivers and 25 employees. An additional 30,000 square feet will be available for future expansion, and Juncos has future plans to do machining, painting and other work in-house, limiting the need for outsourcing.

"The creation of the Juncos Technical Center (JTC) marks a historical turning point for the team,” said Ricardo Juncos, team principal and founder. “Less than 10 years ago, we were a small karting team in Florida, and I continue to be amazed by the amount of growth and success we have seen in such a short period of time.

“The team has grown larger and stronger each year, which created the need for a facility like the JTC,” he continued. “This new facility will allow Juncos to continue to expand into new series. It wouldn’t be possible without the incredible passion and desire of every member of Juncos Racing, and I am truly grateful for all of the hard work they put in to make this dream a reality.”

In 2015, Juncos Racing earned its second consecutive Pro Mazda team title with four wins, six poles and 16 podium finishes among the four-driver team. Juncos Racing also won the Indy Lights championship with Spencer Pigot in its first full season in the series

Boles commented: “Professional auto racing in central Indiana is a major economic driver that stretches well beyond the hospitality and tourism industry. Racing teams like Juncos Racing provide quality jobs and add to our community pride and image.

“I have known the team at Juncos Racing for several years and watched as they have grown to become one of the sport’s best and brightest, and we are thankful they have chosen to invest in Speedway. We look forward to watching them continue to excel for years to come.”