Investment Prospectus

Iceland's Premier Motorsport Attraction

Developing a world-class 1,200m outdoor go-kart racing facility in Reykjanesbær. Positioned strategically to capture Iceland's booming 2.3M annual tourism market.

€10M
Total Investment
21–30%
Target IRR
€2.95M
Year 5 Revenue
~7 Mos
Break-Even Period

The Concept

A high-adrenaline, year-round motorized attraction designed to fill a major gap in Southwest Iceland's adventure tourism ecosystem.

High-Performance Engineering Meets Adventure Tourism

Reykjanes Speedway will feature one of the longest outdoor asphalt tracks in the Nordics, optimized for speed, technical skill, and maximum excitement for all user tiers.

  • Professional 1,200-meter asphalt racing circuit
  • Full LED lighting system for winter & night racing operations
  • 700–900 m² state-of-the-art clubhouse and event spaces
  • Fleet of 25 high-performance karts (20 single + 5 double-seaters)
  • On-site café, retail shop, and pro racing simulators

Facility Specifications

Operating Entity Hraðbraut Reykjanes ehf.
Track Length 1,200 Meters (Asphalt)
Clubhouse Area 700 – 900 m²
Kart Fleet Size 25 Karts (20 Single / 5 Double)
Operating Capacity Year-Round (Full LED Floodlighting)
Direct Job Creation 25 – 35 Positions

Strategic Location

Unrivaled positioning along Iceland's primary tourist corridor inside the Reykjanes UNESCO Global Geopark.

Prime Gateway Corridor

Situated in Reykjanesbær, just 10–15 minutes from Keflavík International Airport (KEF) and directly on the transit path to the world-famous Blue Lagoon. The venue converts incoming and outgoing airport transit into high-margin dwell time.

✈️

High Visitor Traffic

Captures international visitors (2.3M annually) immediately upon arrival or prior to departure at Keflavík Airport.

🌋

Geopark Synergy

Located within the Reykjanes UNESCO Global Geopark, offering an exciting contrast to natural sightseeing attractions.

💡

24/7 & Winter Operations

Full LED floodlighting extends operating hours during Iceland's dark winter months, ensuring year-round cash flow.

🎯

First-Mover Advantage

Dominates as the first and only premium outdoor motorized karting experience in Southwest Iceland.

Investment & Financials

Robust commercial fundamentals driven by diversified revenue streams and rapid profitability.

Required Capital

€10.0M
Equity & Debt Financing

Year 5 Projected Revenue

€2.95M
Sustained Top-Line Growth

Year 5 Projected EBITDA

€1.05M
Strong 35.5% EBITDA Margin

Target IRR

21 – 30%
High-Yield Return Profile

Diversified Revenue Engine

🏎️ Track Rental & Lap Sessions
☕ Café & Bar Operations
🛍️ Branded Retail & Merchandise
🏢 Corporate Events & Teambuilding
🎮 Pro Simulator Sessions
🤝 Tour Operator & Blue Lagoon Bundles

Current Project Status

De-risked development plan entering municipal execution phase.

✓

Business plan & financial model fully finalized.

✓

Contractors queued to begin civil work upon land securing.

✓

Active negotiations with Reykjanesbær Municipality for northwest motorsport land allocation.

✓

Exploring tourism and sustainability grants for capital optimization.

Project Timeline

Clear roadmap to commercial launch target in Spring 2028.

Current Phase

Land Securing & Permitting

Finalizing land deal with Reykjanesbær Municipality and securing equity/debt financing.

Late 2026

Civil Work & Groundbreaking

Commencing track groundwork, asphalt paving, and LED lighting infrastructure installation.

2027

Clubhouse & Fleet Delivery

Construction of the 700-900 m² clubhouse, simulator setup, and arrival of kart fleet.

Spring 2028

Grand Opening

Commercial launch, tour operator integration, and initial break-even window (7 months targeted).

Investor Relations

Partner with us to create Iceland's premier adventure motorsport destination.

Hraðbraut Reykjanes ehf.

For full investment decks, financial models, and partnership inquiries, contact the founder directly.

Þórarinn Karlsson
info@reykjanesspeedway.is
Reykjanesbær, Iceland
Spring 2028
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