The company was founded in 2002, by Belaz Ek Varkuta, a experienced mechanic who was born in Grakteh (southeast Goytakanya) but lives in Buques, DS ( Ardisphere) since 10 years old. In 2001, during a visit to relatives in Grakteh, he was very impressed with demolition derbies played in his motherland. Coming back to Ardisphere, he decides creating Varkuta Motorparts, buying old cars and scrap metal in Ardisphere and providing parts to goytakano demolition racers.
In 2004, noticing the profits was only seasonal because the demolition races season in Goytakanya, Belaz follow a advice given by demolition racers, about sell in Goytakanya car parts to the general public too. This way, Varkuta was increased turning in the most important goytakano private company.
Any goytakano can buy parts to his car, but if wanted, Varkuta can sell a entire "brand new" demolition car.
The company headquarter is located in Buques, DS, Ardisphere, as a logistic center, where the CEO Belaz lives and buy crashed cars, but the main depot is located in Bhagurah, close the port. There are also shops in Vogosko, Karamau, Bendera and Grakteh.
There is a facility in Timbiras, GRG, Cariocas, and is known about Belaz is looking for another one in Mecyna too, buying parts and crashed cars from these countries, but there is nothing real for now about this one.
Since 2008, Varkuta is the main sponsor of the demolition series played every year in Goytakanya.
Initially, Varkuta was investigated due to suspicion of association with the Mafia, but nothing has been proven against the company. Today, it is suspected that the Varkuta stores need to pay the Mafia to be able to work in cities and towns.