Posted October 21, 2020
MIAMI, Oct. 19, 2020 /PRNewswire/ -- Magic City Innovation District – Little Haiti (MCID) is pleased to announce that Motorsport Network, the global market leader for digital platforms at the heart of the auto racing and automotive worlds, will relocate to relocate its headquarters to Little Haiti, in what is considered Miami's newest emerging neighborhood. This ground-up development will be purpose-built for the next generation of digital trailblazers, featuring smart-office spaces, unparalleled amenities, networking opportunities and community connections that reflects Motorsport Network's position as an early adopter in MCID.
"We are proud to have the world's number one Motorsports digital news and entertainment network to the Magic City Innovation District – Little Haiti. Motorsport Network represents the creative class that will spur innovative economic development and facilitate growth in Little Haiti," said Neil Fairman Managing Partner of the MCID.
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The office building will consist of 370,000+ leasable square feet over twelve (12) stories and will be the first new office building at MCID. The organization will consolidate its existing Miami, Charlotte and Orlando offices into the top three floors of the new building that will be located at 5972 N.E. Fourth Ave, Miami, FL 33137. This location will also incorporate its Motorsport Games business as a tenant – which owns the NASCAR Heat video game and esports franchise, as well as the Le Mans Esport Series and many more – with flagship website Motorsport.com. Employing over 600 people worldwide, Motorsport Network is active in 15 different languages reaching billions of race fans each year.
Motorsport Network's Chief Financial Officer Carlos M. Ruiz, who will be relocating to Miami, said: "After living and working for decades in NYC, the attractions of living in Miami are very clear in terms of quality of life and from a financial standpoint. The new development of our headquarters, as part of the exciting Magic City Innovation District - Little Haiti, is perfect to consolidate our U.S. businesses. It's also symbolic of the significance of what is being built in a neighborhood within this city with such a rich, cultural heritage and history, with a reimagining of what office spaces look like, featuring bespoke amenities in a creative media and technology-motivated environment for true innovators to thrive."