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McLaren conclude IndyCar deal ahead of 2022 season
Article To news overview © McLaren McLaren Racing have completed an agreement to acquire the majority shareholding in the Arrow McLaren SP IndyCar team by the end of the year. McLaren returned to IndyCar on a full-time basis in 2020 through a partnership with Schmidt Peterson Motorsports. In August, they revealed plans to increase their involvement and buy a majority stake in Arrow McLaren SP. Monday's announcement means that McLaren Racing will become the majority shareholder in the team with a controlling 75% stake, while Arrow McLaren SP will formally become part of the McLaren Racing organisation. The team will be governed by a five-person board chaired by McLaren Racing CEO Zak...
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2y ago from RacingNews365.com
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