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IndyCar's Felix Rosenqvist joins Arrow McLaren SP, Alex Palou moves to Chip Ganassi Racing

Felix Rosenqvist was hired by Arrow McLaren SP for the 2021 IndyCar season Thursday and rookie Alex Palou moved to Chip Ganassi Racing to fill his seat.

Rosenqvist spent two seasons driving the No. 10 Honda for Ganassi but his option was not picked up when Ganassi and the Swede could not agree on a contract restructuring. Arrow McLaren then snagged Rosenqvist after it fired rookie Oliver Askew in part for not disclosing a concussion he suffered in an August crash.

The 28-year-old Rosenqvist will be teamed with Pato O'Ward, who finished fourth in the standings in his first full season of IndyCar.