Report: Rumors swirl about possible demise of USF1 team

A recent report out of Spain suggests that the USF1 team won't make it to the starting grid in Bahrain and that the team's chances of making it to the next two races are in question, putting the entire season in jeopardy. To make matters worse, rumors are circulating that one of the team's principle backers – YouTube founder Chad Hurley – has pulled his support from the Formula One upstart and that Brian Bonner, a former IndyCar driver and the team's head of business development, is no longer working for the firm, taking a co-director position at B4 Marketing.

It's been some time since we've heard any word from the team, beyond the announcement that Argentinian touring car driver Jose Maria Lopez has been tapped to handle driving duties. The lack of a second driver, along with rumblings that former YouTuber Hurley is considering backing the Campos team or Stefan GP doesn't help matters. And to muddy the waters further, the USF1's headquarters are apparently up for sale, suggesting something's rotten in Denmark Charlotte, and validating Bernie Eccelstone's earlier predictions about the team's troubles. Thanks for the tip Adam.

[Sources: Marca,]

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