Alex Lloyd could win $$$ for the Sam Schmidt Paralysis Foundation

Sam Schmidt Motorsports and Indy Pro Series points leader Alex Lloyd announced the "Racing for Recovery Challenge," a pledge drive to take place leading up to the Liberty Challenge at the Indianapolis Motor Speedway on June 16-17.

The team is offering an opportunity for companies and individuals to sponsor a race car with all proceeds going to the Sam Schmidt Paralysis Foundation. If Lloyd wins either race, those responsible for pledges will agree to donate $1,000 to the foundation. Should Lloyd win both races, the donation price tag will be raised to $3,000. If Lloyd does not win either event, donors that have made pledges will owe the foundation nothing.

Lloyd has won the first five races of the 2007 Indy Pro Series season, a series record. He will try to be the first driver to win on the Indianapolis Motor Speedway oval and road course in the same year, as he won the Freedom 100 on May 25.

"As many races as Alex has been winning, we felt it'd be a great time to utilize his hot streak to help raise funds and awareness for our foundation," Schmidt said.

Read the full story: Schmidt Foundation Could Reap Bounty Of Lloyd's Victories At USGP