After graduating from
Pepperdine University, Schmidt became a successful businessman, eventually purchasing his father's parts company in 1989 at the age of 25. He raced at a competitive amateur level, supported by his business income, but dreamed of someday driving in the
Indianapolis 500. Schmidt first drove professionally in 1995 in the
USAR Hooters Pro Cup Series at the age of 31, where he won
Rookie of the Year honors. pole winner
Alex Tagliani, who drove for Schmidt's team In
1997, Schmidt made his first Indy Racing League start and became a rising star in the league. He raced three consecutive years at the
Indianapolis 500, and earned his first race victory, from pole position, at
Las Vegas in
1999. He finished fifth in series points that year. During that offseason, while testing in preparation for the
2000 season, Schmidt crashed at
Walt Disney World Speedway on January 6, 2000. The accident rendered him a
quadriplegic, and put him on a ventilator for six weeks. After leaving the hospital, Schmidt, no longer able to drive a racecar, realized he needed to find a new passion and follow it. Inspired by meeting
tetraplegic Formula One team owner
Sir Frank Williams, he founded
Sam Schmidt Motorsports, which became the most successful team in the history of the Indy Lights series, winning the
2004 series championship with
Thiago Medeiros, the
2006 title with
Jay Howard, and the
2007 title with
Alex Lloyd. Schmidt shuttered the Indy Lights program after the 2016 season having claimed seven series championships. Sam Schmidt Motorsports was a full-time IndyCar series team in 2001 and 2002. After acquiring the
FAZZT Race Team IndyCar team in 2011, Sam Schmidt Motorsports returned full-time to the IZOD IndyCar Series, and on May 21, 2011, driver Alex Tagliani won the pole position for the Indianapolis 500, the first pole for the team. The team ultimately won the Indianapolis 500 Pole Position twice, including with driver James Hinchcliffe in 2016
List of Indianapolis 500 pole-sitters, secured seven victories, and finished third in the 2013 and 2021 point standings. At the end of 2024, Sam sold the team to McLaren Racing to spend more time with his family and focus on his foundation. ==Charitable Efforts==