It was announced today that a new US-based team is being formed to compete in Formula One. The new group, called USF1, is to be based in Charlotte, North Carolina, with a European base in Spain. This new group is to be headed by former F1 team manager Peter Windsor and engineer Ken Anderson. Interestingly, there isn't much more detail to the announcement other than this.
So those are the details as we now know them...the question is, does anyone believe that they can pull it off? It seems hard to believe, in the current economic climate, that someone could raise the $60-$200 million that would be needed to field a formula one team from scratch. However, Anderson and Windsor, in today's press conference claim to have the funding in place already...though no specifics were given. One big piece of the puzzle that they do have is a full scale wind tunnel, which will certainly help.
Of course the history of American teams in Formula One is rather hit and miss. The Scarab effort kicked it off in the late ’50s, followed by the star-crossed Scirocco effort in the early ’60s and then Gurney and the AAR effort. Gurney managed a famous win at Spa, but sadly the potential was never fully realized. The ’70s proved a golden age for US F1 efforts, if you can call it that, with teams being fielded by the likes of Penske, Vels-Parnelli and Shadow. But again none were ever really able to capitalize on their promise. So, in light of the historical record, will we being seeing a USF1 car on the grid in 2010? And if so, how long before it becomes relegated to "historic" racing?
All the best,
Casey Annis
Editor
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