McLaren Racing takes full ownership of IndyCar team

McLaren Racing completes purchase of Arrow McLaren IndyCar team
McLaren Racing announced on Friday that the team has acquired full ownership of Arrow McLaren, the team’s entry in the NTT IndyCar Series, finalizing their buyout of the team from Sam Schmidt and Ric Peterson.
McLaren Racing takes full ownership of IndyCar team from Sam Schmidt, Ric Peterson
Following its purchase of a 75% majority stake of Sam Schmidt and Ric Peterson's IndyCar team in 2021, McLaren Racing has bought the final 25%
McLaren Takes Full Control Of NTT IndyCar Series Team
McLaren is now 100 percent owner of the Arrow McLaren IndyCar Team after the final phase of ownership was transferred from partners Same Schmidt and Rick Peterson.
McLaren Takes Sole Ownership of INDYCAR SERIES Team
McLaren Racing has sole ownership of the Arrow McLaren IndyCar Team, effective Dec. 31, following the final phase of its buyout from Sam Schmidt and Ric Peterson, deepening its commitment to motorsport in North America.
McLaren Racing completes full purchase of IndyCar team
McLaren Racing has completed its full buyout of what was once the Arrow McLaren SP and Schmidt Peterson Racing IndyCar team. In other words, Sam Schmidt and Ric Peterson no longer have any financial stake in what is now Arrow McLaren. McLaren Racing acquired 75 percent of the team in 2021 and this was always the planned consolidation of assets.
McLaren Racing Acquires Full Ownership Of Arrow McLaren IndyCar Team
McLaren bought a 75% stake in the IndyCar team in 2021, which had evolved from Schmidt-Peterson Motorsports to Arrow McLaren SP and most recently to Arrow McLaren IndyCar Team in
McLaren Racing is now the sole owner of its IndyCar team
McLaren Racing has bought out its former IndyCar co-owners Sam Schmidt and Ric Peterson as the team grows its North American presence.
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