With the controversy continuing over the fight for the Lotus name in F1, now comes the news that Lotus will join the 2012 Indycar series as an engine supplier. Australian businessman and former Champ Car series co-owner Kevin Kalkhoven along with Gerry Forsythe are the men behind the move, with Cosworth to build the new engine. KV Racing, which Kalkhoven co-owns with former driver Jimmy Vasser is set to run the engine which will be announced at this year's LA Auto Show this Thursday at 5.00 PM local time. The announcment comes one week after General Motors annoced that Chevrolet would also be joining the series when the new regulations come into effect in 2012. Meanwhile the fight over the use of the Lotus name in Formula One next year has heightened with the news that Proton Holdings Bhd will buy a 25% stake in the Renault F1 team and changes the name of the team to Lotus Renault. Lotus Racing, which is led by Air Asia boss Tony Fernandes, intends to change the name of his team to Team Lotus next season after buying the rights from David Hunt a few months ago. The fight is almost certain to end up in London courts later this year.
Continue reading...Thursday, February 18, 2010
Popular Japanese Formula One racer Takuma Sato is headed to the Indianapolis 500. Sato will contest the entire 2010 IZOD Indycar Series with the Indianapolis-based team KV Racing Technology, headed by champion driver Jimmy Vasser and Australian business man Kevin Kalkhoven. Sato's move to Indycar will be a huge boost for the struggling series in Japan where Sato remains the country's best known and most popular driver. “This is a very exciting time for me and all my supporters. I have really missed racing last year and can’t wait to get started in this new challenge with such a great team. To me, KV Racing is a team with massive potential and great team spirit." he said.
Continue reading...
Thursday, November 18, 2010
0 Comments