2010formulaone

USF1 has officially shuttered operations in Charlotte, NC. That's according to the Charlotte Business Journal, which notes that Ken Anderson, president of the team, sent employees an email yesterday pointing to financial woes as the straw that broke the doomed camel's back. Anderson's pet racing ...

With the countdown winding down until the 2010 Formula One season's opening round in Bahrain, the roster of drivers competing for top honors is drawing near completion with the announcement ...

With the 2009 season drawing to a close and both the titles already decided, Formula One is heading into the off-season. And that means all parties – teams, drivers, organizers, sponsors and everyone else involved in ...

If you thought the series of driver changes in the middle of this ongoing Formula One season was something, it's nothing compared to the grand game of musical chairs expected to ensue as the season draws to a close. With BMW closing up shop, several new teams joining the grid and at least a ...

Two major announcements came hot on the heels of one another on Tuesday that seem set to shake up the always turbulent Formula 1 series even further in 2010. First, Team Lotus will indeed be back on the starting grid next year to contest the ...

At least for now, disaster seems to have been averted as all ten teams currently taking part in the 2009 Formula 1 championship have signed conditional agreements to take part in the series in 2010. These reportedly hinge on the Formula One Teams Association's ability to reach a mutually-agreeable ...

Yesterday, we brought you news that Toyota could quit Formula One if FIA president Max Mosley's proposal for a two-tiered budget system is put in place. But the Japanese team based in Germany – currently enjoying its best season so far – isn't the only one making noise. Ferrari has ...