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The USF1 team has ended months of speculation by announcing the first of two drivers for its debut in the upcoming 2010 Formula One season. Actually, it was the President of ...

Reports circulating the motorsport press indicate that USF1 has signed a provisional contract with Argentine driver Jose Maria Lopez to drive for the new team next season. The arrangement, however, depends on Lopez bringing with him $8 million in sponsorship dollars, of which the young South ...

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 ...

It's on again, off again in the face-paced world of Formula One politics. First the biggest teams in F1 were slated to split off and form their own series. Then everything seemed reconciled, until Max Mosley got all torqued off again and threatened to scuttle the whole deal. It's anyone's guess at ...

Whatever the outcome of the standoff between the Formula One Teams Association and the FIA, it was clear from the get-go that F1 was to change dramatically. As it turned out, the two parties – the first representing the teams currently participating in the sport and the second its governing ...

If you think the domination of Brawn GP has shaken things up in Formula One, that's nothing compared to what could be in store for the F1 grid in the next year or two. While the FIA toys with budget caps and all manner of new regulations, several prospective teams are lining up at the potential of ...

Remember when F1 teams were independent racing outfits, before the major automakers starting buying them all up? Well, if the Honda/Brawn GP saga and the tightening of budgets at carmaker headquarters around the world are anything to go by, the Formula One world could be back at that stage sooner ...