STATEMENT CONCERNING ARROW SCHMIDT PETERSON MOTORSPORTS’ REQUEST TO BE RELEASED FROM ITS 2020 ENGINE SUPPLY CONTRACT WITH HONDA PERFORMANCE DEVELOPMENT

STATEMENT CONCERNING ARROW SCHMIDT PETERSON MOTORSPORTS’ REQUEST TO BE RELEASED FROM ITS 2020 ENGINE SUPPLY CONTRACT WITH HONDA PERFORMANCE DEVELOPMENT

“HPD is proud of its numerous accomplishments in partnership with Arrow Schmidt Peterson Motorsports, which include all seven of the team’s NTT IndyCar Series victories to date, as well as two coveted pole positions for the Indianapolis 500. Although we regret that this partnership will be coming to an end in advance of the 2020 season, HPD has the utmost confidence in the strength and commitment of its remaining partner teams, all of whom have won at least one NTT IndyCar Series race in each of the past two seasons. We look forward to demonstrating that same type of depth across our entire lineup for many years to come.”

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