Sad day for F-1 fans - Tilted Forum Project Discussion Community

bobby · 03-03-2010, 07:18 AM

U.S. F1 finished, sources say
By Adam Cooper and Mac Morrison | 03/02/10, 5:13 pm et
No one is answering the phone at U.S. F1's Charlotte, N.C., headquarters, and sources said that the fledgling Formula One operation is now dead once and for all.
An AutoWeek source with close ties to several team employees said that a senior employee informed the remaining workforce on Tuesday afternoon that they effectively no longer have jobs.
“[Team boss] Ken Anderson didn't even have the [guts] to do it himself,” he said. “He had [production manager] David [Skog] do it. But technically, they told everyone that they are on a two-week furlough.
“[However], there's nothing left for [investor and YouTube cofounder] Chad [Hurley] to put together. U.S. F1 is dead, and it won't come back.”
The team has yet to release an official statement,...

.....xoxoxoo

silent_jay · 03-03-2010, 09:48 AM

Yep, over for 12 months maybe, they applied to have the application deferred for a year, jusy have to get F! approval..

Quote:

US F1 have applied to world motorsport's governing body, the FIA, to defer their entry into the Formula 1 world championship for 12 months.

The team, based in Charlotte, North Carolina, is among four newcomers entered for the 2010 season.

Team principal Ken Anderson told BBC Sport: "If the FIA say no (to the deferral) we are done. If they say yes we can put it back in gear and go."

An FIA spokesman told BBC Sport a statement would be made "soon".

"When we are in a position to make a definitive statement, we will."

Anderson confirmed that FIA technical chief Charlie Whiting visited the team's headquarters last week to inspect the team's state of readiness.

The doom-and-gloom people were just waiting for us to fail

US F1 boss Ken Anderson

"He looked at the factory and was happy that we've got all we need to make a perfectly good Formula 1 car," said Anderson. "We're on hold. Our future's in the hands of the FIA.

"There were issues sponsor-wise in January that knocked us back a few weeks, and those meant we couldn't make it in 2010.

"We put our entry in with the FIA in December 2008 and wanted to start work on the car in March 2009, but the delay in signing the Concorde Agreement (the document by which F1 is governed) until July meant we couldn't start until August. We were on course, despite an insanely tight schedule, but then people got cold feet."

Anderson said there was "a sprinkle of truth" in reports that US F1 had investigated "partnering up with another new team."

He added that a deferral would allow the team to rebuild and, depending on the testing regulations, get track time in preparation for an entry in 2011.

"The doom-and-gloom people were just waiting for us to fail," he added. "But no one said it was easy, and we went out on a limb to design and build our own car.

Lotus and Virgin, who have already been testing, and Hispania - formerly known as Campos - are the other new teams for 2010 and all hope to be on the grid for the opening race.

If US F1 pull out, it could create an opening for the newly-established Serbian-backed Stefan Grand Prix team, which has been lobbying to take their place on the grid.

606: DEBATE
As humiliating as this is, it might have been worse to have shown up with one car that the wheels and wings keep falling off

flyer

"My understanding is that they (Stefan) will be in Bahrain with ex-champion Jacques Villeneuve driving," said BBC pundit and former team boss Eddie Jordan.

Stefan, who plan to use last year's Toyota F1 cars, released a statement on Sunday, saying: "SGP would like to re-confirm its desire and, importantly, its ability to compete in the whole of the FIA 2010 Formula 1 World Championship.

"It recognises that this can only happen with the consent of the FIA and the FOM, but has faith that the Formula 1 'family' will make the correct decision in the end.

"There will be no more press releases on this subject and we look forward to being allowed to show everyone our team in Bahrain."

Former Williams driver Kazuki Nakajima, who has been a Toyota protege since the start of his racing career, is tipped for the other Stefan GP seat.

BBC Sport - F1 - US team apply for Formula 1 entry deferral
Me being Canadian is kind of happy about this, especially if it means Jacques get another shot at F1, so excited to see him race again and be able to show again how good he is, not like his career at BAR.

03-03-2010, 07:18 AM	#1 (permalink)
bobby Super Moderator Location: 18,000+ posts on TFP #1,2,3,4 and 5,but I'm not counting!	Sad day for F-1 fans U.S. F1 finished, sources say By Adam Cooper and Mac Morrison \| 03/02/10, 5:13 pm et No one is answering the phone at U.S. F1's Charlotte, N.C., headquarters, and sources said that the fledgling Formula One operation is now dead once and for all. An AutoWeek source with close ties to several team employees said that a senior employee informed the remaining workforce on Tuesday afternoon that they effectively no longer have jobs. “[Team boss] Ken Anderson didn't even have the [guts] to do it himself,” he said. “He had [production manager] David [Skog] do it. But technically, they told everyone that they are on a two-week furlough. “[However], there's nothing left for [investor and YouTube cofounder] Chad [Hurley] to put together. U.S. F1 is dead, and it won't come back.” The team has yet to release an official statement,... .....xoxoxoo __________________ "Life goes on,within you,and...with out you !" xoxoxoo