A caliper brake system includes a housing, a bore within the housing, and a piston slidably positioned within the bore. The brake system also includes a spring assembly, a fluid chamber defined by the bore and the piston, and a hydraulic fluid supply network. The spring assembly provides a biasing force to maintain the piston in an actuated position engaging a stator which engages the rotor of a vehicle. The hydraulic fluid supply network provides pressurized fluid to the fluid chamber to selectively overcome the biasing force of the spring assembly and move the piston to an unactuated position to release the rotor. Thus, the caliper brake is spring actuated and hydraulically released.