usf1formula1

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 ...

The USF1 saga may have taken a turn for the worse today as Autosport reports that the hopeful team's operations have 'effectively been shut down.' Team personnel and the remainder of the operation's employees were reportedly given the news today that their services would no longer be needed, ...

There will be no USF1 in Formula 1 racing this year – or any year for that matter. A full year before the new American team was set to take to the track in 2010, they have been shot down by the very series they planned to compete in. But before you get too upset and think this is a case of ...