Arrow Electronics Gears Up for 2016 Verizon IndyCar Season
March 09 2016 - 9:39AM
Business Wire
Global technology company Arrow Electronics, Inc. (NYSE: ARW) is
sponsoring the Schmidt Peterson Motorsports (SPM) No. 5 car driven
by James Hinchcliffe in this year’s Verizon IndyCar series, which
kicks off Saturday at the Firestone Grand Prix of St. Petersburg.
This is Arrow’s second year sponsoring SPM.
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James Hinchcliffe, driver of the
Arrow-sponsored No. 5 car. (Photo: Business Wire)
The No. 5 car aligns to Arrow’s forward-looking mission to
operate in the world of Five Years Out—the tangible future of new
technologies, new materials, new ideas and new electronics that
will make people’s lives better, smarter and more inspired.
“Arrow Electronics is proud to sponsor of Schmidt Peterson
Motorsports and the No. 5 car,” said Michael J. Long, Arrow’s
chairman, president and chief executive officer. “All of us at
Arrow are rooting for Hinch and looking forward to an exciting
season of great racing.”
James Hinchcliffe won the inaugural Indy Grand Prix of New
Orleans race in 2015. When he was side-lined with a season-ending
injury while practicing for the Indianapolis 500, Long visited him
in the hospital and Arrow employees all over the world sent him
personal messages of encouragement.
“I can’t wait to get back behind the wheel of the No. 5 Arrow
car and take a few checkered flags for SPM and my fans this
season,” said Hinchcliffe.
SPM team co-owner Sam Schmidt initially collaborated with Arrow
on machine-to-machine technologies back in 2014. Schmidt, whose
crash in 2000 during an Indy car practice lap left him a
quadriplegic, rediscovered the joy of driving again through a
modified 2014 Corvette Arrow built for him called the
Semi-Autonomous Motorcar, or SAM car.
“Arrow’s forward-looking vision is perfectly aligned with SPM
and IndyCar’s key focal points: speed, innovation and technology.
We look forward to an exciting race season and a great partnership
with Arrow for years to come,” said Schmidt.
Follow #hinchi5back, @SPMIndyCar and @ArrowGlobal on Twitter for
live updates on Saturday and throughout the season.
About Arrow Electronics
Arrow Electronics is a global provider of products, services and
solutions to industrial and commercial users of electronic
components and enterprise computing solutions. Arrow serves as a
supply channel partner for more than 100,000 original equipment
manufacturers, contract manufacturers and commercial customers
through a global network of more than 460 locations serving over 85
countries.
About Schmidt Peterson Motorsports
Schmidt Peterson Motorsports (SPM) was established in 2001 and
is owned by former IndyCar driver Sam Schmidt and Canadian
businessman Ric Peterson. SPM fields cars in the Verizon IndyCar
Series, including the Indianapolis 500, and the Indy Lights Series
presented by Cooper Tires. SPM is the most successful team in Indy
Lights Series history with sixty-five race wins and seven
championships. In addition, SPM won the coveted Indy 500 pole
position in 2011, and has won four Verizon IndyCar Series races in
2013 and 2014.
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Arrow Electronics, Inc.Meghan Macdonald,
303-824-4589mmacdonald@arrow.com
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