Auto Auction Startup OnlineKars.com Allies with KV Racing Technology and KVSH Driver Sebastien Bourdais; Disruptive New Company to Launch Later This Year

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Used Car Auction Platform OnlineKars.com Picked A Winner in KV Racing Technology

OnlineKars.com on Sebastien Bourdais' Winning Car

We look forward to building a strong relationship with OnlineKars.com and to succeeding together.

Auto auction startup OnlineKars.com (http://www.onlinekars.com), launching later this year, picked a winner when it found KV Racing Technology and KVSH Racing driver Sebastien Bourdais.

OnlineKars.com logo was on the No. 11 KVSH Racing machine at the Dual In Detroit, May 30-31, and came out a winner when Bourdais took the checkered flag on Sunday in the second of two races that weekend. For Bourdais, the only driver to win four consecutive series titles, it was his 33rd career IndyCar victory, placing him eighth on the all-time wins list.

OnlineKars.com is a used car auction platform that will allow dealers to auction their inventory live online directly to consumers, extending dealers’ traditional reach and enabling car buyers to set the price.

Two of OnlineKars.com’s founders, Bruce Bendell and Jamie Auffenberg, are thrilled with the opportunity to connect their auto dealership businesses with IndyCar. “It’s incredible,” said Bendell. “In only our second race weekend with the team we came out winners.” And Auffenberg added, “The exciting, fast-paced OnlineKars auction business model is a perfect match for the speed and excitement of IndyCar racing, and we are looking forward to expanding our relationship with KVSH Racing and Sebastien.”

“In only my third race with OnlineKars.com, we won,” Bourdais said. “Hopefully, this is a good sign for OnlineKars.com as they launch their startup, and it’s something we can build on together.”

Jimmy Vasser, the 1996 IndyCar Champion, who co-owns KV Racing Technology with entrepreneur Kevin Kalkhoven, and is a partner with Kalkhoven and James “Sulli” Sullivan in KVSH Racing said, “As someone who is deeply involved in the auto industry and in racing, I know how important it is to have success right away. We look forward to building a strong relationship with OnlineKars.com and to succeeding together.”

About OnlineKars.com:
OnlineKars.com (http://www.onlinekars.com) is a soon-to-launch used car auction platform that allows car dealers to auction their inventory live online directly to consumers, extending their traditional reach and enabling car buyers to set the price. OnlineKars.com is currently in Beta stage and will have 10 dealer partners by the end of June.

About KV Racing Technology:
KV Racing Technology was founded in January 2003 and joined the IndyCar Series in 2008. The Indianapolis-based team is owned by successful venture capitalist Kevin Kalkhoven and 1996 IndyCar champion Jimmy Vasser. KVSH Racing is led by successful venture capitalist Kevin Kalkhoven, 1996 Indy car champion Jimmy Vasser and sports marketer James "Sulli" Sullivan. For more information about KVRT and KVSH Racing visit: kvracingtechnology.com; Twitter: @kvracing; Facebook: http://www.facebook.com/kvracingtechnology; Instagram: OfficialKVSHracing

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Ruth Sarfaty
OnlineKars.com
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