Arrow Schmidt Peterson Motorsports Are Not For Sale Amid McLaren Rumors

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Arrow Schmidt Peterson Motorsports team co-owner Sam Schmidt has confirmed that the outfit are not for sale after he confirmed that the report had come from a former employee.

Schmidt said that the Woking based outfit have spoken to nearly every team about purchasing an existing NTT IndyCar Series outfit.

The IndyStar reports that McLaren are exploring the possibility of purchasing an existing team ahead of the 2020 season.

McLaren are out on their own for the Indianapolis 500 having purchased their own equipment and their car.

McLaren have also confirmed that their 2020 NTT IndyCar Series plans will hinge on how they get on next weekend.

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