McLaren Racing announced on Sunday that they have reached a multi-year contract extension with Arrow Electronics across both their Formula One and NTT IndyCar Series programmes. The news comes following the announcement last month that McLaren Racing has taken a 75% ownership stake in Arrow McLaren SP.
Speaking about today’s news ahead of the Firestone Grand Prix of Monterey at WeatherTech Raceway Laguna Seca, McLaren Racing CEO Zak Brown said:
“Arrow Electronics is a valued partner of McLaren Racing across both our Formula 1 and IndyCar programmes. This long-term partnership extension is a great reflection of the strong relationship we have been building and the productivity of our partnership since the beginning in 2019. With our recent majority investment in Arrow McLaren SP and Arrow’s deep involvement in the team since 2015, our partnership is strengthened further as we progress on our common journey and shared ambitions to win together.”
Mike Long, Chairman, President and CEO, Arrow Electronics said:
“Arrow Electronics is committed to innovation in automotive and transportation technologies. Our engineers work side-by-side with the race team, and we couldn’t be happier with the strength of our teams’ positions in both IndyCar and Formula 1. We look forward to many more wins together on and off the track.”