News Details
McLaren Racing assumes sole ownership of IndyCar affiliate
. Phillip van Osten
04/01/2025 at 09:1204/01/2025 at 09:46 McLaren Racing has officially taken full ownership of the Arrow McLaren IndyCar Team, effective December 31, 2024. The acquisition marks the culmination of a multi-year process that saw McLaren gradually increase its stake in the team, culminating in the complete buyout of co-owners Sam Schmidt and Ric Peterson. The move solidifies McLaren's commitment to the NTT IndyCar Series and positions the team for a new era of competition. Zak Brown, CEO of McLaren Racing, expressed enthusiasm for the acquisition, emphasizing its importance to McLaren's growing North American presence. “This is an exciting step for McLaren Racing as we grow...
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