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The World Motor Sport Council is just catching up to USF1's premature disappearance from Formula 1. The WSMC has reportedly banned the American ex-team forever – which we're guessing means the troika of Ken Anderson, Peter Windsor and Chad Hurley – from competing in F1, and fined it $382,000 as well as legal costs.

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Brilliant things can happen when Silicon Valley gets into the car business. One look at Tesla is all the evidence we need. But now one of the tech corridor's biggest names and leading talents has stepped into the motor racing arena.

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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 tea

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