GEICO TO SPONSOR MARIO MORAES’ No. 32, KVRT CAR FOR SUNDAY’S 2010 INDIANAPOLIS 500

Curb Records Joins Moraes’ Machine as Associate Sponsor

KV Racing Technology Press Release

SPEEDWAY, Ind.  (May 29, 2010) - - KV Racing Technology announced today the No. 32 KV Racing Technology Honda/Dallara/Firestone entry driven by Mario Moraes in Sunday’s Indianapolis 500 Race Mile will be sponsored by GEICO Insurance.
 
The car also will carry Curb Records as an associate sponsor.  The official entry for the No. 32 machine is now the GEICO – Curb Records – KV Racing Technology Honda/Dallara/Firestone.
 
Moraes, the 21-year-old Brazilian star, will start 13th in the 94th running of Indianapolis 500 set to start 1 p.m. EDT.  Moraes’ four-lap average speed was 224.888 miles per hour.
 
Paul Tracy attempted to qualify last weekend for KV Racing Technology in the No. 15 GEICO – KV Racing Technology Honda/Dallara/Firestone car but fell short of making the 33-driver lineup.  Tracy is a six-time Indy 500 starter.
 
The GEICO sponsorship was transferred to Moraes’ No. 32 KVRT entry this week, and Curb Records was an additional sponsorship.
 
Moraes, in his third Indy 500, will be joined in the KVRT Indy 500 lineup by E.J. Viso in the No. 8 PDVSA – KVRT Honda/Dallara/Firestone car (starting 19th) and rookie Takuma Sato in the No. 5 Lotus – KVRT Honda/Dallara/Firestone machine (starting 31st).

About GEICO Insurance:
GEICO (Government Employees Insurance Company) is the third-largest private passenger auto insurer in the United States based on the latest 12 months written premium.  It provides auto insurance coverage for 9 million policyholders and insures more than 15 million vehicles.  In addition to auto insurance, GEICO offers customers insurance products for their motorcycles, all-terrain vehicles (ATV's), boats, homes, apartments and mobile homes.  Commercial auto insurance and personal umbrella protection and life insurance are also available.  As a member of the Berkshire Hathaway group of companies, GEICO is rated A++ for financial strength by A.M. Best Company and ranks at the top of several national customer satisfaction surveys.  For more information, please visit www.geico.com.

About KV Racing Technology:
KV Racing Technology was established in 2003.  The Indianapolis-based team is contesting its seventh open-wheel season and second in the IndyCar Series in 2009.  KVRT is owned by successful venture capitalist Kevin Kalkhoven and 1996 Series Champion, Jimmy Vasser.   Veteran motorsports manager Mark Johnson is the team's General Manager. KVRT has earned two victories the first by Cristiano da Matta in Portland in 2005 and the second by Will Power in Long Beach in 2008.  KV Racing Technology will make its third appearance at the Indianapolis 500.  Townsend Bell finished fourth in 2009 for the team’s best Indy 500 placing.
 
For more information about K V Racing Technology visit: www.kvracingtechnology.com