The "Speedway Slammer" now has a price tag: $16 million, so far.

That's how much the state budget committee approved the Indiana Department of Correction to spend on renovations for the Miami Correctional Facility 70 miles north of Indianapolis so that it can serve as an Immigration and Customs Enforcement detention center.

Gov. Mike Braun announced the plan to use 1,000 empty beds at the facility for ICE detainees in early August, and U.S. Secretary of Homeland Security Kristi Noem echoed the announcement with the moniker "Speedway Slammer" ― to the chagrin of the owner of the Indianapolis Motor Speedway .

See Full Page