ACE Rent a Car is a privately held business founded in 1966 by Robert Sorenson. Sorenson began with two car washes in Indianapolis and added 10 Volkswagens to meet the rental needs of the surrounding neighborhoods.ACE Rent a Car is a privately held business founded in 1966 by Robert Sorenson. Sorenson began with two car washes in Indianapolis and added 10 Volkswagens to meet the rental needs of the surrounding neighborhoods.