INDYCAR: Arrow Electronics Extends Sponsorship Agreement With Schmidt Peterson Motorsports

RaceChaser Staff Featured, Sprints & Midgets, Verizon IndyCar Series 0 Comments

INDIANAPOLIS – official team release — Chris Jones/IndyCar photo —

Arrow Electronics, the primary sponsor of the No. 5 Schmidt Peterson Motorsports Honda for the 2015 Verizon IndyCar Series season, has extended its partnership with the team through 2018.

Headquartered in Centennial, Colo., Arrow Electronics is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions.

Team co-owner Sam Schmidt, whose crash in 2000 during an Indy car test left him a quadriplegic, initially collaborated with Arrow on machine-to-machine technologies in 2014. The project enabled him to drive a modified 2014 Corvette known as the Arrow Semi-Autonomous Motorcar (SAM).

“Ever since I received that phone call from Arrow to drive the SAM car, our lives, both on and off the track, have changed dramatically,” Schmidt said. “The vehicle became a message that has inspired thousands worldwide while B2B and B2C relationships have blossomed. Arrow will assist our nonprofit, Conquer Paralysis Now, to accomplish its goal of curing paralysis and greatly improving the day-to-day life of those with disabilities.”

The team will continue to run the No. 5 car to spread the word about Arrow’s Five Years Out initiative.

“Arrow’s collaboration with Sam Schmidt and SPM is a natural fit,” said Michael Long, Arrow’s chairman, president and CEO. “We are both committed to guiding innovation forward to help improve people’s lives.”

CREDIT: Schmidt Peterson Motorsports

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