Now that the USF1 team has received the go-ahead from the FIA as one of the three new teams to join the grid next year, the boys in Charlotte are working away in preparation of an anticipated launch of their first chassis before the end of October. According to team principal Ken Anderson, the design is almost finalized, and they're just waiting for $5 million in machinery and the specs on the new Cosworth engine they'll be running to arrive before they can begin manufacturing. Currently the team employs some 20 staff, but have another 20 to 30 arriving next month.

Aside from the chassis itself, USF1 is said to be evaluating several logistical options. First is its European base, for which the team is considering either the Paul Ricard or Aragon circuits in Spain. Meanwhile YouTube is reportedly in the mix as a main sponsor after co-founder and chief executive Chad Hurley has reportedly met with team executives. And though Danica Patrick may have ruled out an F1 debut with the team, former world champion Jacques Villeneuve is tipped to fill one of the seats on the strength of his developing experience.

[Source: Autosport and F1-Live]