Schmidt Peterson Motorsports (SPM) was established in 2001 and is owned by former IndyCar driver Sam Schmidt and businessman Ric Peterson. Schmidt was paralyzed (quad) in 2000 after an accident during testing at Walt Disney World Speedway in Orlando, Fla. SPM fields cars in the IndyCar Series, including the Indianapolis 500, and Indy Lights Presented by Cooper Tires. SPM is the most successful team in Indy Lights Presented by Cooper Tires history with seven championships.