HVM Racing Announces
Partnership with iTeam Sports
 
 
Indianapolis, Indiana (April 26, 2009) – HVM Racing announced today a partnership with iTeam Sports, an organization offering fans the possibility to become involved with a team by buying a share of team ownership.

HVM Racing is the first to venture into auto racing for iTeam Sports, which first launched operations in 2008 offering team ownership in baseball and is now applying its successful business model to racing.  The partnership will allow fans to purchase small shares of ownership within iTeam Sports HVM Racing and receive owner-only benefits.

“This is a fantastic opportunity and a unique concept,” said Keith Wiggins, HVM Racing Team Principal.  “Racing fans are very engaged with their favorite teams, and this arrangement lets them get even more involved, probably more than they even thought possible.  We are very excited to work with iTeam Sports to offer such an unprecedented opportunity to get fans directly involved with iTeam Sports HVM Racing and the Indy Racing League.”

“Every motorsports fan dreams of being able to go from sitting outside the track to going behind the pit wall,” said iTeam Sports Founder and President Steve Levenson. “iTeam Sports opens the door into a world where only a select group of people can go – actual participation with the team.
 
“Our partnership with HVM Racing and its Indy Racing League program brings a new level of involvement for millions of open-wheel racing fans around the world.”
Fans can learn more about the concept by visiting www.iTeamSports.com.

 
HVM is based in Indianapolis, Indiana. In its eight years of competition, the team has earned six wins, two pole positions, and an additional 16 podiums since 2001. The team finished fourth and third, respectively, in the Champ Car championship standings in 2006 and 2007, and earned its drivers Mario Dominguez and Robert Doornbos Rookie of the Year honors in 2002 and 2007, respectively. In 2008 with driver E.J. Viso, the team earned seven top-10 finishes, including a fourth at St. Petersburg in its inaugural year in the IRL Championship.