“More damage to F1″ than any of their predecessors
Bosses of the failed USF1 project lied and did great damage to formula one’s potential to break into the crucial American market. That was the verdict of McLaren chief Ron Dennis on Saturday during his visit to the NASCAR event at Indianapolis.






The American outfit, headed by principals Ken Anderson and journalist Peter Windsor, was granted an entry for the 2010 season but failed to appear.
Cosworth has today terminated its Formula One Engine Supply Agreement with USF1 following the team’s decision to liquidate its assets as notified by its announcement to creditors dated 19 May 2010. 


Christian Horner has added his voice to the behind-the-scenes drama as the F1 world awaits the composition of the final entry list for 2010. With less than 10 days until Friday practice begins in Bahrain, it is not clear whether there will be twelve or thirteen teams on the grid. 

According to increasingly widespread reports, sources and rumours, the American entrant USF1 is nearing the end of the line. 
The president of the FIA Senate has revealed that USF1, the new American formula one team for 2010, has lodged its entry fee to contest next year’s world championship. 

The new USF1 Team has selected the F2000 Championship Series as one of its official feeder series. With a list of graduates that is more of a “who’s who” in motorsports, the F2000 Championship Series continues to be a leader among the development series.