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McLaren Racing Acquires Full Control of IndyCar Team

1/4/2025

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Summary

Story summary

McLaren Racing has officially taken full ownership of the Arrow McLaren IndyCar Team, effective December 31, 2024, after acquiring minority stakes from Sam Schmidt and Ric Peterson. CEO Zak Brown highlighted this strategic move as a vital step in enhancing McLaren's footprint in North America, while Schmidt reflected on the team's remarkable journey with heartfelt appreciation.

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Story summary

McLaren Racing has officially taken full ownership of the Arrow McLaren IndyCar Team, effective December 31, 2024, after acquiring minority stakes from Sam Schmidt and Ric Peterson. CEO Zak Brown highlighted this strategic move as a vital step in enhancing McLaren's footprint in North America, while Schmidt reflected on the team's remarkable journey with heartfelt appreciation.