P1racenews AI automatic summary:
McLaren Racing announced on Friday that it completed full acquisition of the Arrow McLaren IndyCar Team at the turn of the new year. McLaren first partnered with Schmidt Peterson Motorsports in 2020, helping the team by bringing on support from the worldwide racing presence and rebranding the team as Arrow McLaren SP. Its presence in […]
McLaren first partnered with Schmidt Peterson Motorsports in 2020 to bring worldwide racing support and rebrand the team as Arrow McLaren SP. Over the years, McLaren gradually increased its presence in the American open-wheel series, eventually acquiring 75% of the team in 2021 and dropping ‘SP’ from the name in 2023. By December 31, 2024, McLaren became the sole owner, with original owners Sam Schmidt and Ric Peterson no longer part of the ownership group. Schmidt expressed mixed emotions about stepping away, while McLaren Racing CEO Zak Brown reaffirmed the team’s commitment to IndyCar and North American fans. The Arrow McLaren IndyCar Team is set to compete with three drivers—Pato O’Ward, Nolan Siegel, and Christian Lundgaard—for the 2025 season.
