Magneti Marelli renews Schmidt Peterson Motorsports partnership for third season

Magneti Marelli, a global automotive systems and component supplier, announced today that it has renewed its partnership with Schmidt Peterson Motorsports (SPM) for the 2015 Verizon IndyCar Series season. This marks the third consecutive season that Magneti Marelli has supported the SPM Team.

Magneti Marelli Motorsport provides powertrain technology and fuel components to different teams in the Verizon IndyCar series, and is a technical partner of Honda Performance Development. SPM will continue toutilize fuel system and ignition system components in the #5 SPM entry driven by three-time Verizon IndyCar Series race winner James Hinchcliffe. Hinchcliffe signed with SPM in October 2014.

"Our relationship with SPM has been extremely rewarding, from the technological side," said Roberto Dalla, CEO of Magneti Marelli Motorsport. "We are proud to support the SPM team with our technical solutions and to use this experience to grow in the application of new technologies in the motorsport arena".

SPM Team owner Sam Schmidt also expressed his excitement over the renewed partnership.

"We are pleased that Magneti Marelli has renewed its partnership with SPM for the third consecutive year," said Schmidt. "The company is a major force in the automotive industry as a 'Tier One' supplier to many manufacturers, so we are proud to represent its brand in the Verizon IndyCar Series."

Hinchcliffe, too, acknowledged his appreciation of the partnership.

"I'm looking forward to a very strong 2015 season with our great partners, including Magneti Marelli. I'm honored to be part of what has obviously been a successful partnership for the past three years, and we'll work hard to put the #5 car in Victory Lane this season to continue that success."

Media Contact:

Kyle Chura

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