Bernie Ecclestone is reportedly interested in adding more American Formula One races to the sport's schedule. The CEO was quoted as saying "America is about as big as Europe. So we should have the same number of races [in each]." Since next season will see a total of seven events on European soil, it would seem to indicate Ecclestone is keen to swell the number of American races si
Back in May, Formula One Group CEO Bernie Ecclestone announced that the racing organization had secured a deal with the city of Austin, Texas to bring the series to America for 10 years. All of that sounded great to American racing fans, but there have been lingering questions as to whether it was possible to get the city ready for F1 by 2012, which is when the contract is scheduled to
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Easy come, easy go. Only it was anything but an easy arrival for USF1, the highly anticipated and much-hyped American grand prix team that was slated to hit the grid this past weekend for the start of the 2010 FIA Formula One World Championship. And in the end, much as Bern
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, though some unknown number of them technically remain employed (albeit unpaid).
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 American reportedly already has 80% in his coffers.
Preparations are well underway for the debut of the new USF1 team, which is set to join the Formula One grid next season. The car's been designed, the manufacturing facility is in the process of ramping up for production, and the team has staffed up. But while the nascent squad focuses on building the chassis and infrastructure, speculation has been running rampant over who will sponsor the team and who will be driving its two cars.
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 this point – we think the one series will be on track for next season – but in the meantime, the FIA issued the official list of entries for 2010.
For those of you unable to watch the official announcement of the USF1 team at noon today, SPEED TV released a quick, five-minute clip of the two principles – Ken Anderson and Peter Windsor – being interviewed. Unfortunately, there was very little information divulged beyond our exclusive report last month. But if you want to see the two men behind USF1, Damon Lavrinc
When reports began to surface about the formation of a U.S.-backed Formula One team, we weren't surprised. Every three-to-five years, speculation about a new U.S. campaign crops up, and inevitably – almost routinely – they're shot down within a month. However, our lack of surprise didn't stem from the rumor's cyclical nature; we've known about USF1 for over a month and have been waiting to drop the details about how the franchise, the players and the financial backers that plan to br