Former F1 star Takuma Sato will compete in the IZOD IndyCar Series in 2010, it has been announced today.

Sato, who has spent the last 18 months on the sidelines following the demise of the Super Aguri-Honda F1 team, will race for the Indianapolis-based KV Racing Technology, headed by champion driver Jimmy Vasser.

"This is a very exciting time for me and all my supporters," said Sato, who up until recently was still trying to secure a drive in F1. "I really missed racing last year and can't wait to get started in this new challenge with such a great team.

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"To me, KV Racing is a team with massive potential and great team spirit. With such a great champion as Jimmy leading the team, I am really confident that we will soon be a strong combination.

"I am also really motivated by the chance to be fighting at the front of the field, something I have missed in recent seasons. I want to thank sincerely everyone who has continued to support me through difficult times and look forward to enjoying success together very soon."

KV Racing Technology co-owner Jimmy Vasser meanwhile is convinced that Sato will be a force to be reckoned with in the 2010 IZOD Indycar Series, which is made up of 17 races - 13 in the USA, as well as two races in Canada and one each in Japan and Brazil.

"We are very excited to have been able to put this deal together with Takuma and his group," Vasser added. "I can't wait to see what I know will be a extremely fast pace by Taku on the road courses and look forward to working with him and getting him up to speed on the ovals. I have no doubt that Taku will be right on the pace immediately.

"Taku's knowledge and experience will be a great asset and his great sense of humour and easy manner will add positive energy to our team," Vasser summed-up.