VIDEO: USF1 Asks For Delay Until 2011

Formula 1

VIDEO: USF1 Asks For Delay Until 2011

The USF1 Formula One Grand Prix team will not race in 2010...

SPEED Staff | Posted February 28, 2010 Charlotte, NC

Bob Varsha

SPEEDtv.com has learned that the struggling start-up USF1 Formula 1 team has formally petitioned the FIA to defer the team's entry into the sport until 2011.

Team principals Ken Anderson and Chad Hurley have offered to post a “substantial, seven-figure” surety bond as proof of their intentions to race next year.

The request for a deferment follows a breakdown in merger discussions between USF1 and the Spanish Campos Meta team. The Serbian-based Stefan GP team also had made overtures about working with USF1, but those talks also failed to yield anything substantive.

It now appears that neither USF1 nor Campos will be on the grid for the season-opener at Bahrain.

Contrary to media speculation elsewhere, Hurley is still very much involved in the USF1 effort.

SPEEDtv.com will continue to follow this story as it develops.

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