Data / Crowdfunding / Indiana / Spirit of Speedway LLC
Spirit of Speedway LLC: crowdfunding raise on Silicon Prairie Online LLC, $25,000 (2023)
Spirit of Speedway LLC, a limited liability company in Indianapolis, IN, filed a Form C with the SEC on September 29, 2023 to raise $25,000 in Class B Common Units through Silicon Prairie Online LLC. The offering closed on September 29, 2023. In its most recent fiscal year it reported $0 in revenue and a net loss of $23,288.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- spiritofspeedway.com
- Funding portal
- Silicon Prairie Online LLC
- Address
- 11216 FALL CREEK ROAD SUITE 125, Indianapolis, IN 46256
- Legal form
- Limited Liability Company
- Jurisdiction
- IN
- Incorporated
- June 28, 2021
- SEC CIK
- 0001885303
Offering terms
From the amendment filed September 29, 2023.
- Security
- Class B Common Units
- Price
- $1.36
- Target
- $25,000
- Deadline
- September 29, 2023
- Portal compensation
- $500.00 onboarding fee plus 5% of raise
Financials
From the Form C-AR filed July 1, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-23,288 | $-132,621 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $33 | $14,403 | sec.gov |
| Cash | $33 | $14,403 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $425 | $425 | sec.gov |
| Long-term debt | $11,450 | $11,450 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 1, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| September 29, 2023 | Amendment | $25,000 | Not listed | September 29, 2023 | Correct minimum and target offering amount(s) | sec.gov |
| September 29, 2023 | Amendment | $250,000 | Not listed | September 29, 2023 | Extend offering date to 5/31/2023 | sec.gov |
| January 23, 2023 | Amendment | $250,000 | Not listed | May 31, 2023 | Extend offering date to 5/31/2023 | sec.gov |
| October 5, 2022 | Offering | $250,000 | Not listed | February 2, 2023 | sec.gov | |
| March 30, 2022 | Amendment | $100,000 | $250,000 | May 31, 2022 | This amendment is being made to extend the deadline to reach the target offering amount to May 31, 2022. The amendment is also to reflect changes in how and when the money from the offering will be used. | sec.gov |
| February 24, 2022 | Amendment | $100,000 | $250,000 | March 31, 2022 | This amendment is being made to extend the deadline to reach the target offering amount to March 31, 2022. The amendment is also to reflect changes in how and when the money from the offering will be used. | sec.gov |
| December 29, 2021 | Amendment | $100,000 | $250,000 | February 28, 2022 | This amendment is being made to extend the deadline to reach the target offering amount to February 28, 2022. | sec.gov |
| November 10, 2021 | Progress update | $100,000 | $250,000 | December 31, 2021 | At this time, the Issuer has received investment commitments equaling $56,000, which is just over 50% of the target offering amount. | sec.gov |
| October 29, 2021 | Amendment | $100,000 | $250,000 | December 31, 2021 | This amendment is being made to reflect additional information of the company. | sec.gov |
| October 21, 2021 | Amendment | $100,000 | $250,000 | December 31, 2021 | This amendment is being made to reflect that the securities are being offered in all 50 U.S. states and the District of Columbia. | sec.gov |
| October 20, 2021 | Offering | $100,000 | $250,000 | December 31, 2021 | sec.gov |
Updated July 1, 2025. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.