KV Racing Technology announced Tuesday that the team will be powered by the new Chevrolet IndyCar turbo V6 racing engine for the 2012 IZOD IndyCar Series 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,” said KVRT co-owner Kevin Kalkhoven. “Chevy has a proven history of innovation and success in motorsports and we look forward to continuing that legacy.”
Jimmy Vasser, who co-owns the team with Kalkhoven, also owns a Chevrolet dealership in Napa, Calif. The 1996 CART IndyCar champion competed with a Chevy engine for the first two years of his CART career.
“I am very excited Chevrolet is returning to IndyCar racing and that we will have the opportunity to work with them," said Vasser. "I have a long personal history with Chevrolet. My first car was a 1969 Camaro, my first podium was with a Chevy engine in 1993 at Phoenix and, I am proud to say, that I am a Chevy dealer. We look forward to a very successful relationship with Chevrolet for many years to come.”
“We are pleased to welcome KV Racing Technology to Team Chevy for the 2012 IZOD IndyCar Series," said Jim Campbell, Chevrolet U.S. vp for Performance Vehicles and Motorsports. "The team puts a high value on advanced technology, as does Chevrolet with its IndyCar 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. We're delighted to have Jimmy, Kevin Kalkhoven, and the entire KV Racing Technology organization as part of our IndyCar racing program."
There was no mention of drivers in the announcement, although its new engine supply deal evidently means the end of KV's two-year partnership with Lotus, which plans to enter IndyCar racing next year with its own branded engines. Lotus has yet to announce the signing of any teams of its own; however, the new Michael Shank Racing squad announced during the Las Vegas weekend indicated that it plans to run Lotus engines, currently under development by John Judd's Engine Developments Ltd. in the U.K.