Moraes joins KV for 2009

The 20-year-old Brazilian jumped straight from British Formula 3 to IndyCar with Dale Coyne Racing last year and made steady progress during his rookie season, taking a best result of seventh at Watkins Glen, although several other promising performances ended in accidents.

"We are very excited to have Mario join our team," said team co-owner Jimmy Vasser. "Mario is young and extremely talented. He impressed us with his performances on both ovals and road/street circuits last year.

"We look forward to watching him grow and are confident he will be very competitive during the 2009 season."

Moraes believes he will make great progress with KV.

"I want to thank (team owners) Kevin Kalkhoven and Jimmy Vasser for this opportunity," he said. "I think KV Racing Technology provides me with the best opportunity to develop as a driver and advance my racing career. I am really looking forward to working with the entire KVRT organisation in 2009."

There had been question marks over KV's IndyCar future during the winter due to the loss of the Surfers Paradise race, which had been key to their main backer Craig Gore's involvement with the series.

KV ran Will Power and Oriol Servia during 2008, with the Australian taking victory in the one-off Champ Car farewell event at Long Beach.