Jimmy Vasser is a hands-on ownerEnlarge Photo
Confirming another one of those "worst kept secrets" in motorsports, KV Racing Technology finally acceded to the fact that they're dropping the "Lotus" monicker and going to Chevrolet for the 2012 season.
"I am very pleased to announce that KV Racing Technology has reached an agreement to compete with Chevrolet power during the 2012 IndyCar Season," announced Kevin Kalkhoven, co-owner of the team. "Chevy has a proven history of innovation and success in motorsports and we look forward to continuing that legacy."
KV Racing Technology began operations in 2003 and joined the IZOD IndyCar Series in 2008. The team is co-owned by Kalkhoven and 1996 CART champion
Jimmy Vasser. "I am eery excited Chevrolet is returning to Indy car racing and that we will have the opportunity to work with them. I have a long personal history with Chevrolet - my first car was a 1969 Camaro and my first podium was with a Chevy engine in 1993 in Phoenix. I am proud to say that I'm a Chevy dealer," Vasser said.
KV Racing Technology has been in preparation to become part of the Bow-Tie Brigade for more than two months but contractual obligations wouldn't allow them to announce a new affiliation.
Jim Campbell, Chevrolet US vice president for performance vehicles and motorsports was pleased to welcome the team to the Chevrolet family. "The team puts a high value on advanced technology, as does Chevrolet with its Indy car engine program that uses key technologies from our production engines. Jimmy Vasser was already part of our extended family as a Chevrolet dealer and like our company co-founder, Louis Chevrolet, his roots run deep in racing."
While KV Racing Technology personnel have already been hard at work on the Chevrolet engine program, they can now do so publicly.
© 2011 Anne Proffit