Looks like Ray-J won't be adding Whitney Houston to his Kim Kardashian sex tape library -- he's already moved on to Lil' Kim!

Brandy's little bro was spotted over the weekend, tooling around with the recently sprung jailbird in his new Ferrari, rumored to have been purchased with some of the cool million Ray pocketed for the sex tape. The pair, who are currently working togerther on an updated version of their hit song"Wait A Minute" for Ray's upcoming album, arrived hand-in-hand to the Vibe Magazine pre-Oscar party at Area.

Kardashian was also at the party, but made a hasty exit after Ray-J and Lil' Kim arrived. Guess she's not into threesomes!

The new pairing comes just a week after Ray-J was seen getting cozy with Whitney in Las Vegas. Ray sure can roll 'em!

Labels: Ray J