HMD Motorsports, together with Global Racing Group fielded four cars to start the 2021 Indy Lights series season.[2][3][14] Drivers included Benjamin Pedersen, Linus Lundqvist, Nikita Lastochkin, and David Malukas. Exclusive Autosport, due to delaying its planned Indy Lights entry, sold their two cars to HMD/GRG.[15] Linus Lundqvist won Race 1 from pole at the Indy Lights Grand Prix of Alabama with teammate David Malukas winning Race 2 from pole.[16][17] Malukas won Race 2 from pole at the Indy Lights Grand Prix of St. Petersburg.[18] Lundqvist won the Indy Lights Grand Prix of Indianapolis Race 1 from pole with teammate Malukas winning Race 2 from pole.[19][20] Malukas won Race 2 at Road America, both races at Gateway, and Portland Race 1.[21][22][23] Lundqvist would use another car at Gateway due to a crash before the races.[22]Manuel Sulaimán joined the team at Portland, replacing Lastochkin.[24] Lundqvist won the season finale at Mid-Ohio.[25]
2022
HMD partnered with Dale Coyne Racing for the 2022 Indy Lights series season. Drivers included Christian Bogle, Danial Frost, Linus Lundqvist, and Manuel Sulaimán.[26][27] The teams partnership continued with Global Racing Group, fielding driver Benjamin Pedersen.[26] Lundqvist won several races throughout the season, while teammate Frost won at the Indy Lights Grand Prix of Indianapolis Race 1.[28][29] Sulaimán would leave the team and be replaced by Antonio Serravalle starting at Indianapolis.[30]Kyffin Simpson would join the team starting at Iowa, moving over from TJ Speed.[31] Serravalle would leave and be replaced by James Roe starting at Nashville, who also moved over from TJ Speed.[32] Pedersen would win at Portland.[33]Nolan Siegel joined the team for the season finale at Laguna Seca [34] Lundqvist would win the series championship at Race 1 of Laguna Seca.[35]
2023
HMD Motorsports fielded an entry for Force Indy driver Ernie Francis Jr..[36] HMD also took over the teams equipment and personal.[37] The team started 2023 with nine cars in the Indy NXT field.[38]Christian Rasmussen won the championship racing for HMD.[39] Rasmussen almost ran out of funding three times during the season.[40]
2024
Myles Rowe joined Force Indy/HMD for 2024.[36][41] HMD started 2024 with ten cars in the Indy NXT field.[42] Nolan Siegel did not race at Road America due to being needed by IndyCar Series team Juncos Hollinger Racing as a replacement driver, with Kiko Porto taking his place for the weekend.[43] Siegel then left the team to compete in the 2024 IndyCar Series for Arrow McLaren.[44]Caio Collet won in his rookie season at Mid-Ohio, and later would be series rookie of the year.[45][46]Christian Brooks joined the team starting at Laguna Seca.[43]Nolan Allaer ended his season in July to focus on 2025.[47]
2025
HMD formed a partnership with USF Pro 2000 based team TJ Speed.[48]Hailie Deegan joined HMD for 2025.[49]