When I married my wife Jane and moved to Fishers, Indiana, in May 1991, the town’s population was just over 7,500, according to the 1990 census. I knew Fishers would grow — but I never imagined that, by 2025, the city would be home to more than 107,000 residents.

The growth has gone far beyond population. Employment, business development, and international attention have followed. I certainly couldn’t have predicted that Fishers would one day become the North American headquarters for the only U.S.-based Formula 1 team.

That Fishers-based Cadillac Formula 1 team is set to make its debut on the F1 grid in 2026. The facility has already drawn international media eager to cover the newest entry into the world’s most prestigious racing series.

Just down the road from Cadillac’s complex sits another global racing presence — the American headquarters of PREMA Racing. Based in Italy, PREMA has long been a powerhouse in Formula 2 and Formula 3 competition. The team entered the IndyCar Series this past season, fielding cars for drivers Robert Shwartzman and Callum Ilott.

PREMA CEO Piers Phillips oversees the team’s 100,000-square-foot facility in Fishers. The team made an immediate impression in its debut season, particularly with Shwartzman’s surprise pole position at the 2025 Indianapolis 500.

However, recent reports suggest the team’s future in IndyCar may be uncertain. Racer Magazine, a well-respected source within the motorsports community, described PREMA as “at a crossroads,” noting the team may be seeking new investors or partners to sustain its U.S. operations.

Adding to the speculation, veteran racing journalist Marshall Pruett reported on his podcast that Michael Andretti — who recently sold his stake in Andretti Global to longtime business partner Dan Towriss — has been rumored “for a while” to be considering an investment or purchase of the PREMA IndyCar program.

None of the involved parties have issued official comments or confirmations, but the reports come from typically reliable sources within the racing world.

Regardless of how these developments unfold, Fishers has already established itself as an unexpected player on the international motorsports stage. From Cadillac’s forthcoming Formula 1 effort to PREMA’s IndyCar base, this once-small town continues to make an outsized impact.

Here’s hoping that PREMA — and its Fishers headquarters — remain part of the IndyCar grid in 2026.