Arrow Electronics Applauds James Hinchcliffe and the Schmidt Peterson Motorsports Team on a Successful 2016 Season
September 19 2016 - 9:25AM
Business Wire
Global technology company Arrow Electronics, Inc. (NYSE:ARW)
congratulated James Hinchcliffe, driver of the Arrow-sponsored No.
5 Indy car, and the entire Schmidt Peterson Motorsports (SPM) team
on a successful 2016 racing season, which concluded yesterday at
the GoPro Grand Prix of Sonoma.
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James Hinchcliffe, driver of the Arrow
Electronics No. 5 Indy Car, after winning pole position at the Indy
500 earlier this year. (Photo: Business Wire)
“Arrow is proud to sponsor James and the No. 5 Indy car for the
second year. His passion and drive for the sport, and the
technology enabling it, directly align 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,” said Mike Long, chairman, president and CEO of
Arrow.
Hinchcliffe finished 13th in the overall standings and won the
coveted pole position for the 100th running of the Indianapolis
500. He is currently winning over new fans as a contestant on the
ABC television show, Dancing with the Stars.
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 Corvette that Arrow engineers built for him, called the
Semi-Autonomous Motorcar, or SAM car. Schmidt hit speeds of 152 mph
in the SAM car this May during a demonstration drive at the Indy
500 and tackled the hairpin twists and turns of the Pikes Peak
International Hill Climb in June.
“Arrow’s forward-looking vision is perfectly aligned with SPM
and IndyCar’s key focal points: speed, innovation and technology.
We look forward to our continued partnership with Arrow for years
to come,” said Schmidt.
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 ElectronicsMeghan Macdonald,
303-824-4589mmacdonald@arrow.com
Arrow Electronics (NYSE:ARW)
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