KV Racing down to one car in 2009?

UPDATE This rumor is upgraded to 'fact' as AutoRacing1.com has learned that indeed KV Racing will be down to 1-car in 2009. "Last year we had no engine lease so it's $2 million more we've got to come up with and we've got less money," said one of the team owners, Jimmy Vasser, to SPEEDTV.com, referring to the fact all the transition teams received free engines, less operating expenses, from Honda in 2008. "I've never seen anything like this economy in my lifetime and it's tough but we're fighting and we're doing everything we can."

01/31/09 KV Racing may run only one car in 2009 unless a sponsor can be found for a 2nd car to run alongside young Brazilian Mario Moraes who is already signed. Word is that the team laid off 18 people on Friday.