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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 · The team will be governed by a new five-person board, comprising three McLaren Racing appointees together with Schmidt and Peterson, chaired by Brown. Taylor Kiel, president of Arrow McLaren SP, will continue to lead and oversee the operations of the team, reporting directly to the board.
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.
McLaren revealed today that it has completed the acquisition of a controlling 75 percent stake in the Arrow McLaren SP IndyCar team.
Nov 29, 2021 · McLaren Racing confirmed Nov. 29 that it has completed the agreement to acquire the majority shareholding in the Arrow McLaren SP NTT INDYCAR SERIES team by the end of the year.
McLaren Racing confirms today that it has completed the agreement to acquire the majority shareholding in the Arrow McLaren SP IndyCar team by the end of the year.
Aug 8, 2021 · McLaren Racing has taken the next step in its full-time return to IndyCar by announcing today that it has entered into an agreement to acquire a majority share in the Arrow McLaren SP IndyCar team. The transaction will close by the end of the year and will see McLaren Racing take a 75% share of the team.
