HMD Motorsports Overview
HMD Motorsports is an American racing team competing in the Indy NXT series. Founded in August 2019 and based in Brownsburg, Indiana, the team is owned by Henry Malukas. Emerging from the acquisition of BN Racing’s Indy Lights operation, HMD Motorsports has quickly established itself as a competitive force in American motorsports. The team is recognized for its partnerships with notable organizations such as Dale Coyne Racing and Global Racing Group, competing actively in multiple series including the IndyCar Series and Formula Regional Americas Championship.
Founding and Organizational Origins
HMD Motorsports was created in 2019 when Henry Malukas purchased BN Racing’s Indy Lights operation. This transition marked the beginning of a new chapter, with the team aiming to build a strong presence in American open-wheel racing. The acquisition allowed HMD Motorsports to inherit existing infrastructure and personnel, providing a solid foundation for growth. Initially, the team focused on competing in the Indy Lights series, with driver David Malukas participating in the 2019 season under a limited budget.
Growth Into Indy NXT Competition
After its formation, HMD Motorsports planned to compete in the 2020 Indy Lights series; however, the season was canceled due to the COVID-19 pandemic. The team pivoted to enter the 2020 Formula Regional Americas Championship with drivers David Malukas and Santiago Urrutia. Over the following years, HMD expanded its operations, forming technical alliances with teams like Dale Coyne Racing and Global Racing Group. These partnerships enabled the team to field multiple drivers and strengthen its competitive capabilities in the Indy NXT series and other racing categories.
HMD Motorsports Competitive Journey
Since its inception, HMD Motorsports has progressed steadily through American open-wheel racing tiers. Starting with limited resources, the team has grown to become a prominent competitor in the Indy NXT series, achieving multiple race wins and a series championship. Its strategic partnerships and driver development programs have been key to its competitive advancement.
Early Seasons and Development (2019–2020)
In 2019, HMD Motorsports entered the Indy Lights series with David Malukas as the primary driver. Despite budget constraints, the team secured a race win at Portland with Toby Sowery, who drove for HMD Motorsports/Team Pelfrey. The following year, with the cancellation of the Indy Lights season, the team shifted focus to the Formula Regional Americas Championship. Drivers David Malukas and Santiago Urrutia competed, with Malukas winning a race at Sebring. The team also added drivers Logan Cusson, Kyffin Simpson, and Marco Kacic during the season, showcasing its expanding driver lineup.
Breakthrough in Indy NXT (2021–2022)
In 2021, HMD Motorsports partnered with Global Racing Group to field four cars in the Indy Lights series. The driver lineup included Benjamin Pedersen, Linus Lundqvist, Nikita Lastochkin, and David Malukas. The team achieved multiple race wins, with Lundqvist and Malukas securing victories at key events such as the Grand Prix of Alabama and the Grand Prix of Indianapolis. The 2022 season saw a partnership with Dale Coyne Racing, expanding the driver roster to include Christian Bogle, Danial Frost, Linus Lundqvist, and Manuel Sulaimán. Lundqvist won several races and ultimately claimed the series championship at Laguna Seca. Benjamin Pedersen and Danial Frost also contributed race wins, highlighting the team’s competitive depth.
Modern Program and Current Direction (2023–Present)
HMD Motorsports entered the 2023 season with a strong presence, fielding nine cars in the Indy NXT field. Christian Rasmussen won the series championship that year while racing for HMD. The team continued to expand in 2024, starting the season with ten cars and adding drivers such as Myles Rowe and Christian Brooks. Notably, rookie Caio Collet won at Mid-Ohio and earned the series rookie of the year honors. The team also formed a partnership with TJ Speed for the 2025 season, further extending its reach in developmental racing series.
Philosophy and Competitive Strengths
HMD Motorsports focuses on developing young talent and maintaining a strong technical foundation through strategic partnerships. The team excels in nurturing drivers through the ranks, emphasizing consistency, racecraft, and adaptability across various circuits. Their approach combines solid engineering support with a collaborative team environment, enabling sustained competitive performances.
Key Milestones and Major Moments
Key milestones for HMD Motorsports include its first race win in 2019 at Portland, multiple race victories in the 2021 and 2022 Indy Lights seasons, and clinching the 2022 series championship with Linus Lundqvist. The 2023 championship win by Christian Rasmussen further cemented the team’s status. Partnerships with Dale Coyne Racing and Global Racing Group have been instrumental in expanding the team’s capabilities and presence.
HMD Motorsports Achievements and Results
HMD Motorsports has achieved significant success in a short period, including multiple race wins and a series championship in Indy NXT. The team has developed several drivers who have gone on to compete at higher levels, reflecting its strong developmental program.
Indy NXT Achievements
Since entering the Indy NXT (formerly Indy Lights) series, HMD Motorsports has secured numerous race victories. The team’s first win came in 2019 at Portland. Subsequent seasons saw multiple wins by drivers such as Linus Lundqvist, David Malukas, Benjamin Pedersen, and Christian Rasmussen. The pinnacle achievement was Lundqvist’s 2022 series championship and Rasmussen’s 2023 championship, underscoring the team’s competitive consistency and driver development success.
Partnership and Development Achievements
Collaborations with Dale Coyne Racing and Global Racing Group have enhanced HMD Motorsports’ technical and operational capabilities. These partnerships have facilitated the expansion of the driver roster and improved race strategies, contributing to the team’s competitive results. The team’s role in developing drivers who progress to the IndyCar Series highlights its importance in the American open-wheel racing ladder.
Series and Expansion Achievements
Beyond Indy NXT, HMD Motorsports has competed in the Formula Regional Americas Championship and has announced plans to participate in the Formula Regional Oceania Trophy through a partnership with TJ Speed. The team also plans to enter the IMSA SportsCar Championship in 2026 in collaboration with Intersport Racing, signaling its ambition to broaden its motorsports footprint. These expansions demonstrate HMD Motorsports’ commitment to growth and competitive excellence across multiple racing disciplines.




