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Speedway council questions hotel developer over previous SEC fine

Virtua Partners was fined more than $2 million by the U.S. Securities and Exchange Commission in 2022. ....

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Speedway's Wilshaw project facing more delays after developer fails to disclose SEC trouble – Indianapolis Business Journal

Town of Speedway leaders are pumping the brakes on a proposed $2.5 million loan to help pay for the long-delayed Wilshaw hotel project after learning that one of the companies involved wasn’t forthcoming about federal fines for past business dealings. ....

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City's proposed loan aimed at helping stalled hotel project

The funding would help a new developer jump-start the more than $30 million Wilshaw hotel project. ....

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Speedway considering gap loan for $35M Wilshaw hotel project – Indianapolis Business Journal

The upscale hotel project across from Indianapolis Motor Speedway has gone through numerous delays since being announced in 2015. A new developer took over in late 2021 but has yet to restart construction. ....

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