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Schmidt and Peterson Bid Farewell to Arrow McLaren

In a bittersweet turn of events, Sam Schmidt and Ric Peterson have officially bid farewell to the Arrow McLaren team following McLaren Racing’s complete buyout of the NTT IndyCar Series outfit. This significant development marks the end of an era for the team that was founded by Schmidt in 2001 as Sam Schmidt Motorsports and later evolved into Schmidt Peterson Motorsports with the addition of Peterson as co-owner in 2013.

A Journey of Evolution and Success

Over the years, Schmidt and Peterson have overseen the team’s transformation from a dream into a competitive force at the highest level of motorsports. The partnership welcomed Arrow as a title sponsor in 2019, joined forces with McLaren in 2021, and expanded into a three-car NTT IndyCar Series team in 2023. This evolution culminated in numerous poles, podiums, and wins in Indy Lights and IndyCar, solidifying the team’s strong foundation for future success.

Mixed Emotions and Gratitude

For Schmidt, stepping away from his ownership role with Arrow McLaren is a poignant moment filled with mixed emotions. Having poured his heart and soul into building the team from the ground up, he expressed gratitude to the drivers, team members, partners, and fans who contributed to its success. While he may be stepping back from ownership, Schmidt’s unwavering support and cheers for the team’s continued triumphs will always remain.

Looking Ahead with Optimism

As Arrow McLaren embarks on a new chapter under the leadership of McLaren Racing CEO Zak Brown and newly appointed team principal Tony Kanaan, the future holds promise and excitement. Brown expressed his gratitude to Schmidt and Peterson for their invaluable contributions to the team’s journey and reaffirmed McLaren’s commitment to building on their legacy of excellence in the NTT IndyCar Series.

As motorsport enthusiasts bid farewell to Schmidt and Peterson’s era at Arrow McLaren, they also eagerly anticipate the team’s next chapter and the continued pursuit of championship glory in the world of IndyCar racing.