KV Racing signs sponsor in time for season opener

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Associated Press

Posted on March 21, 2013 at 3:07 PM

ST. PETERSBURG, Fla. (AP) — Tony Kanaan has landed a nine-race sponsorship deal with Hydroxycut just in time for the IndyCar season opener at St. Petersburg.

The deal between KV Racing Technology-SH and the weight-loss supplement company helps the team replace longtime sponsor Geico, which gave the organization little notice it was pulling out of IndyCar.

Team co-owner Jimmy Vasser says KV learned in February that Geico wasn't returning. He thanked Hydroxycut for stepping up as a new sponsor to the series.

The deal still leaves Kanaan's No. 11 car with five unsponsored races, but KV likes its chances of landing a sponsor because four of the events are ABC telecasts. Vasser said the team is working with IndyCar in finding potential sponsors.

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