In a historic move, McLaren Racing has completed its full acquisition of the Arrow McLaren IndyCar team, consolidating its sole ownership from December 31, 2024. This historic transition marks the departure of historic co-owners Sam Schmidt and Ric Peterson, who played integral roles in transforming the team into a competitive force within the NTT IndyCar Series.
From Dream to Domination: The Schmidt Peterson Legacy
Sam Schmidt founded the team in 2001, transforming it from a personal dream into an American auto racing powerhouse. Joined by Ric Peterson in subsequent years, the duo's leadership helped the team achieve notable success, including partnerships with top drivers and victories on some of IndyCar's biggest stages.
Reflecting on his departure, Schmidt expressed mixed emotions:
“This team has been my life's work, evolving from a dream to a contender at the highest level. I am infinitely grateful to the drivers, team members, partners and fans who made it all possible, and to McLaren for elevating the team's potential. »
Although Schmidt is stepping away from an ownership role, his emotional connection to the team remains intact.
“My heart will always be with this team, and I will encourage their continued success every step of the way.” »
McLaren first joined forces with Schmidt Peterson Motorsports in 2020, rebranding the team as Arrow McLaren SP and leveraging its global motorsport expertise to raise the team's profile. The partnership has deepened over the years, with McLaren acquiring a 75% stake in 2021 and rebranding as Arrow McLaren in 2023.
The final step was taken at the turn of the new year, with McLaren securing 100% ownership. This strategic move strengthens McLaren's presence in North America, a crucial market for the global racing brand. McLaren Racing CEO Zak Brown, who has been a strong supporter of the IndyCar program, spoke about the importance of this milestone:
“This is an exciting step for McLaren Racing as we grow and strengthen our presence in North America. Sam Schmidt and Ric Peterson have been great partners and co-owners, and I want to thank them as we continue to build what they started many years ago: a championship-caliber NTT IndyCar Series team . »
Looking ahead: A new era for Arrow McLaren
Under full McLaren ownership, the Arrow McLaren IndyCar Team is poised to remain a major contender in the NTT IndyCar Series. The 2025 season will see the team field three drivers: team veteran Pato O'Wardthe star mountant Nolan Siegeland Danish talent Christian Lundgaard. With 17 events on the calendar, the trio will aim to give McLaren its first fully owned IndyCar championship.
Zak Brown's commitment to IndyCar has been evident, with the CEO frequently prioritizing IndyCar events over Formula 1 appearances. His hands-on approach signals McLaren's determination to become a dominant force in the series.
An Emotional Farewell, a Promising Future
The departure of Sam Schmidt and Ric Peterson closes a significant chapter in the team's history, but the full acquisition by McLaren opens the door to new opportunities. With a roster of experienced drivers and the backing of a global motorsport giant, Arrow McLaren is ready to continue its rise to championship glory.
For IndyCar fans and followers, the 2025 season promises to be an exciting showcase of innovation, competition, and the lasting legacy of a team built on dreams and determination.
