INDIANAPOLIS – Team officials have formally unveiled the Arrow McLaren SP brand.

The name Arrow McLaren SP marks a new chapter for the team following the partnership between McLaren Racing and Arrow Schmidt Peterson Motorsports in the NTT IndyCar Series. Arrow Electronics will also remain with the team as the title partner.

The team was originally founded by Sam Schmidt 14 months after suffering serious injuries in a testing accident. The team’s first season came in 2001 under the Sam Schmidt Motorsports name. The team scored multiple victories and seven Indy Lights championships.

Ric Peterson joined the team in 2013 as co-owner, with the program advancing to the IndyCar Series level. The team has since scored seven victories and 28 podiums in the NTT IndyCar Series.

In August it was announced that McLaren Racing would return to IndyCar competition through a partnership with Arrow Schmidt Peterson, directly leading to the rebranding of the team as Arrow McLaren SP.

McLaren was founded by racer, designer and engineer Bruce McLaren in the 1960s and has gone on to be one of the most successful motor racing brands in history. McLaren has won eight Formula One Constructors’ Championships and 12 Formula One Drivers’ Championships.

The team has not yet announced drivers for the 2020 NTT IndyCar Series season. Marcus Ericsson, who has signed with Chip Ganassi Racing for 2020, and James Hinchcliffe drove for the team this year.