McLaren Racing takes sole ownership of IndyCar outfit
McLaren Racing has confirmed sole ownership of theArrow McLaren IndyCar Team, which went into effect on 31 December 2024. The full acquisition by McLaren Racing comes after the final phase of its buyout from Ric Peterson and Sam Schmidt, who founded the squad in 2001. The team originally ran under the Schmidt-Peterson Motorsports banner, but then changed toArrow McLaren SP in 2020 as ... Keep reading