Millennial Esports will build the world’s first dedicated eSports racing arena in Miami with the state-of-the-facility scheduled to open in 2020.

The new facility is part of Millennial Esports’ push to professionalize global esports racing competition. The new 12,000 square-foot arena will be located in the prominent entertainment district of Wynwood in Miami — known for restaurants, breweries, retail areas, and outdoor murals. Millennial has secured $2.8 million in private construction financing to complete the build-out of the facility.

The esports arena will feature 30 racing simulators which can be raced on individually, linked with the other racing rigs in the building or globally networked to compete against drivers from all over the world.

Professional drivers can also take the next step with the installation of a full-size full-motion simulator — the same type as used by major professional race teams around the world.

The arena build is a continuation of plans hatched by Millennial Esports with its controlling stake in specialist racing simulator constructor, Allinsports in August. Founded in 2008 by ex-Formula 1 engineer Anton Stipinovich, Allinsports not only manufacture high-end racing simulator systems used by leading race teams across the globe, but also produce the eRacer esports simulator rigs that will be used in Millennial Esports’s upcoming “World’s Fastest Gamer” competition.

Allinsports was founded by South African-born ex-Formula 1 engineer Anton Stipinovich. His Formula 1 career included stints at Ferrari, McLaren, and Red Bull — scoring multiple F1 world championships and more than 80 race wins.

Allinsports existing esports training facility is already a popular spot for prominent races including ex-Formula 1 World Champion and Indy 500 champion, Emerson Fittipaldi, plus fellow Formula 1 aces Rubens Barrichello and Juan Pablo Montoya.

In addition to the Miami esports racing arena, Millennial Esports aims to revolutionize esports racing and the racing gaming genre via its industry-leading gaming studio Eden Games (Lyon, France); and the ultimate gamer-to-racer competition, World’s Fastest Gamer, which is managed by Millennial Esports company IDEAS+CARS.