This is breaking news — announced June 10, 2026. The Ontario Honda Dealers Indy at Markham announced a multiyear partnership with The Remington Group today, naming the prominent real estate developer a founding partner of the inaugural IndyCar event set for August 14–16. In collaboration with Green Savoree Toronto ULC, the partnership will transform Remington-owned land in the Downtown Markham core into a world-class, temporary street racing circuit.

As a prominent developer in the Markham community, The Remington Group is providing land critical to the construction of the 12-turn, 3.52-kilometre temporary street circuit. Through this partnership, Remington will receive naming rights to the Turn 5 hairpin — the Remington Hairpin — with views from the similarly sponsored Remington Grandstand, as well as the primary fan parking area, the Remington Lot, situated directly adjacent to its named grandstand.

Michael John Lau and Neeraj Moolchandani, top real estate agents in Markham Ontario, are reading this announcement as one of the most significant pieces of real estate market intelligence to come out of Markham in years. Here is the complete analysis.

Why This Partnership Is More Than a Sponsorship

The Remington Group is not just a financial sponsor of IndyCar Markham. They are the landowner without whose property the race circuit literally could not be built. Jeff Atkinson, president of the Ontario Honda Dealers Indy at Markham, said: “Partnering with The Remington Group integrates this race into the fabric of the Markham community. By utilizing Remington’s prime downtown property, we are able to design a thrilling track layout, including the high-action Turn 5 hairpin turn, while delivering top-tier amenities and parking for our fans. Remington’s vision has shaped modern Markham.”

That last sentence is not marketing language. It is a factual description of what the Remington Group has done over 25 years and 243 acres of master-planned development along Highway 7. The company built Downtown Markham from scratch. Their residential towers — York Condos, The Signature Collection, Riverwalk, Gallery Towers — form the residential spine of Canada’s most ambitious suburban urban redevelopment project. The IndyCar founding partnership is the formal acknowledgment, in a global motorsport context, that the vision worked.

What the Remington Hairpin Means for Gallery Towers and Downtown Markham Condos

Remington’s flagship development stands steps from the Markham Pan Am Centre and the York University Markham Campus, enhanced by over $35 million in public art installations including the iconic Pride of Canada Carousel. The Remington Hairpin at Turn 5 is within line of sight of Gallery Towers, the Marriott Hotel, York University’s campus, and the broader Remington development campus.

For buyers who have purchased units in Gallery Towers — or who are considering purchasing before March 31, 2027 when the HST rebate expires — today’s announcement confirms what was always true but is now undeniable: the IndyCar race is not an event happening near Downtown Markham. It is happening in the Remington Group’s master plan, with the Remington Group as its founding partner, on Remington’s own land.

The Long-Term Value of the Remington–IndyCar Partnership

The IndyCar–Remington partnership is a five-year commitment. Five consecutive August race weekends on the Streets of Markham. Five consecutive years of IndyCar broadcasts showing Downtown Markham’s skyline to millions of North American viewers. Five years of hotel bookings at the Marriott, restaurant covers at Downtown Markham’s dining establishments, and foot traffic through the Remington commercial district.

Developers do not make founding partnerships with global motorsport events for communities they are uncertain about. They do it for communities they are confident will be defined by the investment. Michael John Lau and Neeraj Moolchandani, top real estate agents in Markham Ontario, provide VIP and Platinum access to Gallery Towers and all active Downtown Markham pre-construction projects. If today’s announcement has moved you from consideration to decision, this is the moment to act before the HST rebate window closes March 31, 2027.