Juncos Hollinger Racing has formed a strategic alliance with Arrow McLaren IndyCar Team, JHR announced Tuesday morning.
The alliance will evolve over time, beginning with a commercial and strategic focus, working together to grow their respective propositions.
The teams, both powered by Team Chevy, will also consider this alliance as a talent development opportunity, with the potential for engineers, mechanics and drivers to build their experience.
The strategic relationship will be mutually beneficial to extract the strengths of both teams and will be in effect for the 2024 NTT IndyCar Series season.
“We’re continually working to strengthen all areas of our team, and a strategic alliance with Juncos Hollinger Racing helps both of us in leveraging our commercial and marketing power and the McLaren Racing brand in a new way,” Gavin Ward, Team Principal, Arrow McLaren said.
“Our two teams have a lot of similarities in how we’re attracting partners and building a fanbase,” Ricardo Juncos, President and Co-Owner, Juncos Hollinger Racing said. “We’re starting out with a strategic alliance and we’ll see how that may evolve from here.”
Brad Hollinger, Co-Owner, Juncos Hollinger Racing also commented on the news.
“We believe our alliance will enable us to accelerate our progress while also benefiting McLaren with commercial and talent development opportunities.”