2M6
02-18-2010, 08:11 AM
http://formula-one.speedtv.com/article/f1-is-windsors-usf1-finally-dream-over/
The media in Argentina is reporting that the US F1 team has ground to a halt – and that Jose Maria Lopez is now trying desperately to find an alternative seat for this season.
It’s said that ‘with tears in his eyes’ USF1 guiding light Peter Windsor told Lopez, his father and his close associate – F1 TV producer Felipe McGough – that the team will miss the first three races of the season and probably thus the whole championship.
The Argentine government was among Lopez’s backers, and had reportedly already paid nearly $900,000 of a promised $2 million.
Lopez has reportedly already headed for Europe to try to find another seat. The only one still vacant is that at Campos Meta, but the team’s own future remains under question, despite ongoing negotiations with several potential saviors.
There could also be a possibility at Stefan GP alongside Kazuki Nakajima. The team does not have an entry for its Toyota-built cars, but there remains the possibility that Bernie Ecclestone could negotiate a deal that sees the Serbian team in effect take over the USF1 entry and associated paperwork.
It was widely reported today that Youtube founder Chad Hurley had backed out of US F1 due to its lack of progress.
He has been already linked with Campos but sources suggest to SPEEDtv.com that he may be more likely to take his funding to an established team.
Adam Cooper notched up his 25th season as a racing journalist in 2009. Born in London, England, he saw his first F1 race at age 10 in 1976. He began freelancing for Autosport magazine in 1985 and was on the fulltime staff from 1987-92. He then went freelance again, initially spending two years in Japan before following the 1994 Champcar series from a base in Indianapolis. He has not missed a Grand Prix since Suzuka ‘94, a run that has extended to Abu Dhabi ’09. Adam has written books about Eddie Irvine, Piers Courage and Michael Schumacher and hosts a race preview show on Sirius XM. He has written about F1 for SPEEDtv.com since 2005. Check out Adam's Blog or follow him on Twitter.
It doesn't look good.
The media in Argentina is reporting that the US F1 team has ground to a halt – and that Jose Maria Lopez is now trying desperately to find an alternative seat for this season.
It’s said that ‘with tears in his eyes’ USF1 guiding light Peter Windsor told Lopez, his father and his close associate – F1 TV producer Felipe McGough – that the team will miss the first three races of the season and probably thus the whole championship.
The Argentine government was among Lopez’s backers, and had reportedly already paid nearly $900,000 of a promised $2 million.
Lopez has reportedly already headed for Europe to try to find another seat. The only one still vacant is that at Campos Meta, but the team’s own future remains under question, despite ongoing negotiations with several potential saviors.
There could also be a possibility at Stefan GP alongside Kazuki Nakajima. The team does not have an entry for its Toyota-built cars, but there remains the possibility that Bernie Ecclestone could negotiate a deal that sees the Serbian team in effect take over the USF1 entry and associated paperwork.
It was widely reported today that Youtube founder Chad Hurley had backed out of US F1 due to its lack of progress.
He has been already linked with Campos but sources suggest to SPEEDtv.com that he may be more likely to take his funding to an established team.
Adam Cooper notched up his 25th season as a racing journalist in 2009. Born in London, England, he saw his first F1 race at age 10 in 1976. He began freelancing for Autosport magazine in 1985 and was on the fulltime staff from 1987-92. He then went freelance again, initially spending two years in Japan before following the 1994 Champcar series from a base in Indianapolis. He has not missed a Grand Prix since Suzuka ‘94, a run that has extended to Abu Dhabi ’09. Adam has written books about Eddie Irvine, Piers Courage and Michael Schumacher and hosts a race preview show on Sirius XM. He has written about F1 for SPEEDtv.com since 2005. Check out Adam's Blog or follow him on Twitter.
It doesn't look good.