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Lincoln Tech to Sponsor Arrow McLaren SP Team in 2020
New manufacturer, revamped driver lineup promise great results for new INDYCAR season

WEST ORANGE, N.J., March 3, 2020 /PRNewswire/ -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized automotive training, announced today that Lincoln Tech has been chosen as the Official Technical School of Arrow McLaren SP (AMSP), formerly Arrow Schmidt Peterson Motorsports, for the 2020 INDYCAR racing season.  This will mark the fourth consecutive year that Lincoln Tech is sponsoring the team, continuing a long relationship with co-owner Sam Schmidt.

A major component of the associate sponsorship agreement is the Mentorship Program, which allows five Lincoln Tech students to be selected from across the country to join the AMSP team as members of the pit crew for each of five races this season.  Lincoln Tech's logo will also be displayed on the No. 7 Arrow McLaren SP Chevrolet, driven by rookie Oliver Askew.  Askew makes his NTT INDYCAR SERIES debut this season following successful runs in the USF2000 Championship Series in 2017, the ProMazda Championship Series in 2018, and then winning the Indy Lights Series Championship in 2019.

"We've seen year after year how our students benefit from the experience of working with this team, and we're honored to once again sponsor Arrow McLaren SP," says Lincoln Tech President and CEO Scott Shaw.  "This year, to serve as their official tech school, makes it even more special.  For almost 75 years Lincoln schools have helped students build careers in the auto industry – and what better way to experience 'auto technology' than in the pit of a real INDYCAR racing team?"

As an associate sponsor since 2017 the relationship has grown into a cooperative partnership between Lincoln and AMSP.  Students selected for the Mentorship Program will have the opportunity to attend team meetings, meet the team's drivers, run tires, assist with basic car prep and maintenance, and shadow front end crew member Cole Jagger – himself a graduate of Lincoln Tech's Indianapolis campus.  In addition, students in the Indianapolis campus' computerized manufacturing program have been assisting the team by machining components for AMSP's race cars.

"Through our extended partnership with Lincoln Tech we are able to stay one step ahead of our competitors, not only through Lincoln Tech's manufacturing resource but, most importantly, as a talent pipeline," commented Taylor Kiel, Managing Director of Arrow McLaren SP.  "Our close proximity to the Indianapolis campus has provided us an opportunity to engage their students and resources in creative and meaningful ways which have positively impacted our organization on and off track.  I'm also proud to say that through our partnership, we have hired multiple Lincoln Tech graduates that are contributing members of our race-winning organization and we look forward to identifying the next one." 

About Lincoln Educational Services Corporation

Lincoln Educational Services Corporation is a leading provider of diversified career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults career-oriented programs in five principal areas of study: automotive technology, health sciences, skilled trades, business and information technology, and hospitality services. Lincoln has provided the workforce with skilled technicians since its inception in 1946. 

Lincoln currently operates 22 campuses in 14 states under four brands: Lincoln Technical Institute, Lincoln College of Technology, and Euphoria Institute of Beauty Arts and Sciences.  Lincoln also operates Lincoln Culinary Institute in the states of Connecticut and Maryland.

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About Arrow McLaren SP

The name Arrow McLaren SP marks a new chapter for our team, as three determined entities – Arrow Electronics, Schmidt Peterson Motorsports and McLaren Racing – join forces with the combined goal to challenge for success. Arrow McLaren SP fields two cars in the 2020 NTT INDYCAR SERIES: the No. 5 Arrow McLaren SP Chevrolet piloted by Pato O'Ward and the No. 7 Arrow McLaren SP Chevrolet piloted by Oliver Askew. Fernando Alonso will compete for the team at the Indy 500 in the No. 66 Ruoff Mortgage Arrow McLaren SP Chevrolet.

Contact Information for Lincoln Educational Services Corporation
Peter Tahinos
(973) 736-9340 x49233

Media Inquiries for Arrow McLaren SP
Phil Zielinski, Director, Communications

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SOURCE Lincoln Educational Services Corporation