INDIANAPOLIS — On Monday, McLaren Racing announced the NTT INDYCAR Series side of things will be rebranded. They’ll drop the “SP” portion of the name essentially eliminating the Sam Schmidt and Ric Peterson, and naming it Arrow McLaren.
While some may wonder what this means for Schmidt and Peterson, their roles however remain unchanged. Which brings up a question as for why make this change then? I get from the outside it sounds petty, but when you take a step back and fully take a stock at the timeline, it’s none to surprising at all.
Back on Aug. 8 of 2021, it was announced that McLaren Racing had taken the next step in its full-time return to IndyCar by announcing that it had entered into an agreement to acquire a majority share in the formerly known Arrow McLaren SP IndyCar team . The transaction closed at the end of 2021 which allowed McLaren Racing to take a 75% share of the team. Financial terms of the deal were not disclosed.
At the time of that announcement, the team would be governed by a new five-person board, comprising three McLaren Racing appointees together with Sam Schmidt and Ric Peterson, chaired by Zak Brown, CEO of McLaren Racing. Taylor Kiel, President of Arrow McLaren SP, was to continue to lead and oversee the operations of the team, reporting directly to the board.
once again while Alexander Rossi takes over the third car but on a full-time basis. However, the 6 will be used by Rosenqvist, signaling another silent move away from the “SP” portion.
Now you get this move which was the final move to which McLaren is fully here and the SP is just an in house board member. There’s no denying that the No’s 5, 6 and 7 teams within the NTT INDYCAR Series paddock are McLaren and have nothing to do anymore with the “SP.”
Which is why this isn’t a shock because it’s been moving in this direction for the last 3-4 years now.
The announcement underlines the continued growth of the McLaren Racing organization, with four fully-fledged teams, headed by McLaren F1 and complemented by the McLaren IndyCar, McLaren Extreme E and McLaren Shadow esports and gaming teams.
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