Post image for Bad News For USF1

Bad News For USF1

by F1Fan on February 20, 2010

The New York times is reporting that yesterday in a telephone interview USF1 Team Principal Ken Anderson finally confirmed that the team will not be able to make the first race of the season and that the future of the team is basically in the hands of the FIA.

The problem has been caused by Sponsorship falling through leaving the team in financial difficulties. If the FIA allows the team to miss some of the early Grand Prix without imposing heavy penalties then new sponsorship is lined up, ready to step in and provide the team the necessary funding, but in any event the delays suffered so far will mean the team will not be able to participate at all events. Anderson further clarified the situation saying:

“We have a timeline in place that if we get a decision quickly, that triggers funding and we’re good to go,” he said. “If it takes another week or two to make a decision, it keeps backing up.”

According to Anderson ideally USF1 would like to miss the first four races, Bahrain, Australia, Malaysia & China beginning its competitive season at the Spanish Grand Prix which will be close to the teams satellite facility. However there is uncertainty in what the FIA will allow, how they will interpret the current rules and what penalties may be imposed if any.

Anderson believes that the “Concorde Agreement”, governing the relationship between Formula One teams and the F.I.A., allows for a team to miss as many as three races in a season. But a recent F.I.A. Press Release indicated that teams would be penalized for missing races. Apparently USF1 have already requested a decision from John Todt, the FIA’s current president and are currently awaiting a decision. Whether Todt has the power to decide is another matter and the teams request may have to be heard by the World Motorsport Council who usually ratify decisions and rule changes.

When asked if the F.I.A. penalty for missing races could be severe enough to put USF1 out of business, Anderson replied:

“I guess anything’s possible. But what would be the point of that? Why would they give us a franchise and just, the first time there’s a bump in the road, yank it and put it out of business? That’s definitely not the message that I’m getting from them. They want to help us, not shut us down.”

Lets hope that USF1 get the decision they want, otherwise it could be the end of the line.

Be Sociable, Share!

{ 1 comment }

Conrad February 21, 2010 at 9:45 am

Keep us posted on USF1! This would be a major bummer.

Comments on this entry are closed.

Previous post:

Next post: