Sciacca International Projects, Italian company, benefits from the more than 30 years of expertise leveraged by its CEO and MD, Walter Sciacca. Based in Milan, this international company’s specialty areas span racetrack design and motorsport-related real estate giga-projects, all of which are innovative and boast the ability to yield high financial returns. The firm’s services thus lend themselves to a range of designs, from exclusive builds to those designed with the public in mind.
Across Sciacca International Projects’ diverse client portfolio, there are a few common denominators tying this exceptional operation together. The first two span the aforementioned high rate of return on the investment and the innovation inherent across every project, demonstrably improving both the owner and user experience in the process. It is the third similarity, however, that is perhaps the most important for the firm, as this sees an entirely new economic sector created on the back of its pioneering business model.
In all of these cases, the racetrack that is designed on a property by this team of experts transcends its status as a mere sporting installation, and instead transforms into a key element of real estate. This is because, as Walter Sciacca himself tells us, “we are the first company in the world to have created this new business model: ‘Luxury Villas & Private Circuit’.” To date, the firm has worked on a number of projects of this variety in the world, with it currently developing the first project of its kind in Central America.
From developments with 10 luxury villas through to projects with as many as 120, always with a private racing circuit with various configurations, so from 6 to 12 racing circuits developed from the main circuit. Sciacca International Projects abilities in this sector are unrivalled, and it is these which have generated numerous requests based on the concepts developed, such world-first projects as an automotive shopping mall with a test track and a safe driving centre, as well as a racetrack that is entirely under cover. Walter adds, “we have also developed the concept of what the racetracks of the future will be like”, and this involves them hosting that the main structure is designed differently and can accommodate a multicomplex, with a shopping centre, multiplex cinema, gym, entertainment areas, restaurants, hotel, spa and many other activities.
Much of this forward-thinking capability can be attributed to Walter himself, a visionary who has succeeded in realising his vision and sparking a revolution in the fields of motorsport real estate and automotive by joining them together, turning operations that usually make losses into grand operations that do not need any government financing to succeed. With Walter at the helm, staff here are able to handle these projects in their entirety, from general management to master and business plans and even circuit and real estate development (villas and more).
Projects usually begin with the firm proposing its detailed plans to likes of multinational construction companies and property owners with a wealth of private land, something it carries out with help from partner agencies that specialise in selling luxury properties globally. The sales process is then confidential so that the build remains under wraps until such time as the client is ready to announce it. Whilst this is the usual model, the firm’s success has resulted in many private clients now approaching it for their giga-projects.
Thanks to this unique concept that sees luxury villas and racetracks merge seamlessly, the developments that Sciacca International Projects work on usually sell out before construction has even commenced, which again underpins the disruptive nature of the firm and the transformative impact it is ushering in. “We have completely changed the sports real estate sector” beams Walter, and the firm’s utilising of solar panels and soundproofing highlights a commitment to doing so in a way that promotes sustainable initiatives.
Alongside the development in Central America touched on above, 23 other countries around the world have requested a project built according to the Luxury Villas & Private Circuit model, resulting in an incredibly bright future for Sciacca International Projects. The firm also benefits from the fact that it simply does not have any competition that it is aware of, but it is not concerned if any competitors do make themselves known, because the team here know they will be ready with their next industry-wide change if that time comes.
Reflecting on the business’ greatest achievement, Walter comments that he could give the cliché of “the next project”, but he instead chooses to champion the exceptional group that Sciacca International Projects has created, a team who have made this radical industry-wide change possible and resulted in the company being named as the Best Motorsport Track Project & Real Estate Development Firm 2024.
For business enquiries, contact Walter Sciacca from Sciacca International Projects via their website – https://www.sciacca-internationalprojects.com/