PATASKALA, Ohio – Meyer Shank Racing has announced that Liberty Media, the owners of the Formula One Group, have made a minority equity investment in the Ohio-based team.
The investment will go towards the growth of Meyer Shank Racing’s motorsports operations, including the recently announced multi-year Acura DPi program as well as future expansion of the team’s IndyCar program.
After starting in Formula Atlantics, Meyer Shank Racing moved its focus to sports car competition, building a championship-winning organization that includes a full-time IndyCar program as well as a successful sports car team.
The team has won some of the biggest races in sports car competition and secured the 2019 IMSA WeatherTech team and driver championships in the GT Daytona division. After three partial seasons in the NTT INDYCAR Series, Meyer Shank Racing ran the full schedule for the first time in 2020.
The team will compete in the IMSA WeatherTech SportsCar Championship again in 2021, teaming with Acura for a move up to the top DPi class starting with the Rolex 24 At Daytona in January.
“We have worked to build our IMSA and IndyCar racing programs step by step and this is another big progression for our organization to have Liberty Media make an equity investment in MSR,” said team co-owner Mike Shank. “Everything that we do is built on the partnerships that we’ve developed, and this program is no different. The investment by Liberty Media will enable us to continue to build and develop our programs.”