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The IndyCar Series operation of McLaren, competing as Arrow McLaren IndyCar Team due to sponsorship, is based in Indianapolis and was founded by former IndyCar driver Sam Schmidt in 2001 as Sam Schmidt Motorsports.
Aug 8, 2021 · McLaren Racing has taken the next step in its full-time return to the NTT INDYCAR SERIES by announcing today that it has entered into an agreement to acquire a majority share in the Arrow McLaren SP team.
McLaren revealed today that it has completed the acquisition of a controlling 75 percent stake in the Arrow McLaren SP IndyCar team.
The team will be governed by a new five-person board, comprising three McLaren Racing appointees together with Schmidt and Peterson, chaired by Zak Brown, CEO of McLaren Racing. Taylor...
Aug 8, 2021 · One day shy of the 2-year anniversary of their return to full-time IndyCar competition, McLaren Racing will now a majority owner of Arrow McLaren SP.
Aug 8, 2021 · McLaren returned to full-time IndyCar competition in 2020 after a 40-year absence to create Arrow McLaren SP, forming a strategic partnership with title sponsor Arrow Electronics and SPM, bringing technical and engineering expertise to the existing operation.
Aug 8, 2021 · McLaren is now the majority owner of Arrow McLaren SP in a transaction that will give the England-based McLaren Racing a 75 percent share of the team.
