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11Report: FIA rejects new applicants, leaves USF1's slot vacant

American fans of Formula One racing will recall all too easily the debacle surrounding the USF1 team. A promising venture from the outset, the team started and stalled, but – after securing a slot on the grid for this season alongside newcomers HRT, Lotus and Virgin Racing – ultimately proved to have bitten off more than it could chew. Rather than pass the resulting vacancy on to any of the other bids waiting for their shot at the big league, the FIA has reportedly opted to leave the

11The new NART? Ferrari chairman hints at proxy American F1 team

NART Ferrari 308 - Click here to view additional sizes on indianadinos' Flickr stream

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