Lincoln Tech Announces Sponsorship of Schmidt Peterson Motorsports in 2017

Lincoln Technical Institute (NASDAQ: LINC), a national leader in specialized automotive training, is proud to announce it will be an associate sponsor of the No. 5 Arrow Electronics Honda driven by James Hinchcliffe for Schmidt Peterson Motorsports (SPM) in the 2017 season of the Verizon IndyCar Series competition.

Lincoln Tech's sponsorship of SPM goes far beyond the placement of logos on the car, the driver's firesuit and team uniforms. The most significant element in Lincoln Tech's sponsorship program with the Indianapolis-based team is the creation of its groundbreaking Mentor Program. Lincoln Tech will be carefully selecting one student and an instructor for each of the six races occurring between April 9 and June 10 who will become completely immersed within the SPM team.

They will be provided with full pit and garage access, have the opportunity to meet James Hinchcliffe, attend team meetings and be a part of the team during the entire race weekend. Lincoln Tech's auto campuses will each nominate deserving students for this incredible opportunity based on the student's GPA, attendance, conduct and their overall commitment to becoming outstanding automotive technicians.

Scott Shaw, Lincoln Tech's CEO and President, said: "James and team owner Sam Schmidt's perseverance, integrity and professionalism are traits we look to instill in all of our students. We could not think of two better brand ambassadors to represent Lincoln Tech and to help mentor our students. We have been approached over the years by many racing teams looking for sponsorship. However, SPM presents the most comprehensive program and one that we felt fully engaged our campuses and our students."

Piers Phillips, general manager of Schmidt Peterson Motorsports, said, "The Lincoln Tech arrangement broadens our opportunity to find fresh talent. Being able to work with, guide, expose and tutor their students, as well as giving them access and exposure to the behind the scenes of our industry, is a huge opportunity; I wish I had such an opportunity at that age."

"For us, to have a look at the upcoming classes of students and their ideas, is only going to strengthen SPM. This new partnership is a huge opportunity for our team, and as a forward-thinking organization, we're always looking for new opportunities to help further our program."