McLaren, Schmidt-Peterson Motorsports Team Up For Full-time IndyCar Venture
SPEEDWAY, Ind. -- McLaren's IndyCar racing venture and Schmidt-Peterson Motorsports are joining forces.
Both teams announced on Friday that they are planning to strategically partner to create one full-time team for the 2020 IndyCar season. In doing so, the new team will be called Arrow McLaren Racing.
The move also means the end of a partnership between Schmidt-Peterson Motorsports and Honda. The new team will field cars that are powered by Chevrolet. Over the lest several seasons SPM cars have had Honda engines powering their cars.
Under the new partnership, the team will be renamed Arrow McLaren Racing SP and will field two Chevrolet-powered cars in the 2020 @IndyCar Series.
— McLaren Indy (@McLarenIndy) August 9, 2019
“This team provides McLaren with the right synergy as a strategic partner for our return to the sport," said McLaren Racing team principal Zak Brown. "We believe together we can help each other achieve our mutual ambitions."
“I’m extremely proud of the team that Ric (Peterson) and I have built and that a legendary brand like McLaren Racing has decided to partner with us," said SPM co-owner Sam Schmidt. "The combined technical resources and commercial opportunities both McLaren and Arrow bring to the table provide a winning combination."
The move creates a sticky situation in regards to the future of SPM driver James Hinchcliffe. Hinchcliffe is under contract with Honda as their Honda Canada spokesman, but he is also under contract through 2020 with Schmidt-Peterson.
Hinchcliffe is expected to driver for the team next year, according to Brown.
Fernando Alonso is another name being thrown around. Alonso and McLaren cut ties earlier this year after he failed to qualify for the Indianapolis 500 in McLaren's solo effort to make the race.
(PHOTOS: Clive Mason and Michael Hickey/Getty Images)