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      <PersonNm>David S Santelik</PersonNm>
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      <PrincipalOfficerNm>Frank Merritt</PrincipalOfficerNm>
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      <Desc>Speedway Trails Association undertook the initiative to expand B&amp;O Rail-Trail within Marion County, IN. Building west from Michigan St in the City of Indianapolis towards the Hendricks County line, 2.6-miles of asphalt have been added to the trail, along with a bridge of approximately 100 meters across Eagle Creek. Key partners in the project include Central Indiana Community Foundation, Town of Speedway, Indianapolis Parks Foundation, Allison Transmission, Wilcox Environmental Engineering, &amp; Eskanazi Health. Refer to Part-III of Form 990 for additional information. Through 2023, $527,359 has been spent on land acquisition for the project. Additional costs of $5,274,475 has been spent on the design &amp; engineering, management, &amp; construction of the trail extension. Speedway Trails Association has been awarded a grant of $4,893,470 from State of Indiana's Next Level Trails program as primary funding for the project.</Desc>
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        <Desc>Speedway Trails Association maintains trails in the general vicinity of Town of Speedway, IN. Association owns land of former Peoria &amp; Eastern Railroad right-of-way which has been rebuilt as approximately 1-mile of asphalt trail. Expenses were incurred to maintain the trail.</Desc>
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    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="ScheduleD" documentName="IRS990ScheduleD">
      <LandGrp>
        <OtherCostOrOtherBasisAmt>5482579</OtherCostOrOtherBasisAmt>
        <BookValueAmt>5482579</BookValueAmt>
      </LandGrp>
      <BuildingsGrp />
      <LeaseholdImprovementsGrp />
      <EquipmentGrp />
      <OtherLandBuildingsGrp />
      <TotalBookValueLandBuildingsAmt>5482579</TotalBookValueLandBuildingsAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="ScheduleG" documentName="IRS990ScheduleG">
      <FundraisingEventInformationGrp>
        <Event1Nm>Parking for Indy 500 &amp; Brickyard 400</Event1Nm>
        <GrossReceiptsEvent1Amt>58844</GrossReceiptsEvent1Amt>
        <GrossRevenueEvent1Amt>58844</GrossRevenueEvent1Amt>
        <OtherDirectExpensesEvent1Amt>3237</OtherDirectExpensesEvent1Amt>
        <GrossRevenueEvent2Amt>0</GrossRevenueEvent2Amt>
        <GrossRevenueOtherEventsAmt>0</GrossRevenueOtherEventsAmt>
        <GrossReceiptsTotalAmt>58844</GrossReceiptsTotalAmt>
        <CharitableContributionsTotAmt>0</CharitableContributionsTotAmt>
        <GrossRevenueTotalEventsAmt>58844</GrossRevenueTotalEventsAmt>
        <CashPrizesTotalEventsAmt>0</CashPrizesTotalEventsAmt>
        <NonCashPrizesTotalEventsAmt>0</NonCashPrizesTotalEventsAmt>
        <RentFcltyCostsTotalEventsAmt>0</RentFcltyCostsTotalEventsAmt>
        <FoodAndBeverageTotalEventsAmt>0</FoodAndBeverageTotalEventsAmt>
        <EntertainmentTotalEventsAmt>0</EntertainmentTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>3237</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>3237</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>55607</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleO documentId="ScheduleO" documentName="IRS990ScheduleO">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>Part VI, Line 11a. Form 990 was prepared by corporation's Treasurer, David Santelik. Form 990 was reviewed prior to biling by President, Frank Merritt, &amp; Vice President, Beverly Katterhenry.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>Part VI, Line 19. Governing documents &amp; financial records are available to public upon request.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>