Do you have a raid controller card installed in the server ?
to confirm that if it is a software raid (build by the Operating System) then :
1. Open Disk Utility in (/Applications/Utilities).
2. Click the RAID tab
and see or let us know what configuration is over there ; if there is configuration details for hard disks then it means it is a raid set up by the operating system.
In that case you can upgrade and it should maintain it but if you have to re-install the whole OS you would have to build it again.