A Brazilian newspaper is reporting that Formula One veteran Rubens Barrichello has reached a deal with a sponsor that will allow him to race in IndyCar this season.
The Estado de S. Paulo newspaper, one of Brazil's largest, said Tuesday that Barrichello will get support from Brasil Maquinas, a company which rents heavy construction equipment. It already sponsors a local stock car team.
An official announcement that Barrichello will be joining KV Racing Technology is reportedly scheduled for Thursday.
The 39-year-old Brazilian tested for KV Racing recently after losing his F1 drive job with the Williams team.
Estado said Brasil Maquinas will likely spend nearly $3 million to sponsor Barrichello. The company had already been trying to help him maintain his F1 spot.