News Details

McLaren seals purchase of majority stake in Arrow McLaren SP

McLaren's deal to acquire a 75 percent stake in its affiliated IndyCar outfit Arrow McLaren SP is now done and dusted. McLaren Racing announced back in August an agreement to buy a majority stake in AMSP, the IndyCar joint venture between McLaren and Schmidt Peterson Motorsports. The transaction between the two entities - the financial terms of which were not disclosed - has now closed. The team's name and operations in Indianapolis will remain unchanged, while a deeper integration with McLaren’s personnel and engineering resources is anticipated. Read also: McLaren investment in IndyCar will 'benefit' F1 team - Brown The team will be governed by a five-person board chaired by McLaren...
Full Story »
5mo ago from F1i.com 0
Share

You May Also Be Interested In...

Wolff: A lot at stake but Horner was ‘naughty'...

Toto Wolff says Christian Horner was 'naughty' in his criticism of the...
6mo ago from PlanetF1.com

Brundle has ‘not experienced such intensity...

With the continued unfolding drama on and off-track between Mercedes, Red...
5mo ago from PlanetF1.com

Horner sees cautious FIA through title fight: 'There's...

The FIA has been taking longer to make decisions on incidents or...
5mo ago from GPBlog.com

McLaren conclude IndyCar deal

McLaren has completed an agreement to acquire a majority shareholding of...
5mo ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

VIDEO: Hard hit mars Indy 500 practice

Canadian Dalton Kellett became the first to crash at this year’s...
9h ago from SpeedCafe.com

Starting grid: 2022 Indianapolis 500

The full starting grid has been set for the 106th running of the...
1d ago from SpeedCafe.com

Ganassi trio head penultimate Indy 500 practice

Chip Ganassi Racing occupied four of the top five places in Practice 8
8h ago from SpeedCafe.com

Popular On TotalWRC.com

Motorsport Monday: Issue 468 FREE to read now

It was an action packed weekend of motorsport and that means it's a bumper...
22h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Arsenal hopeful over landing two transfer targets...

Arsenal are reportedly hopeful that the contract situations of Gabriel...
22m ago from CaughtOffside.com

Elneny, Nketiah and honesty….

Morning all. What do you think about Youri Tielemans to Arsenal rumours on...
52m ago from Highbury-House.c...

Home again – some thoughts on the Premier League...

Morning all, I'm back in Dublin and in the familiar surroundings of my...
1h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.