[sperry]

Originally Posted by Nick Koan

USF1 looks to be over.

http://adamcooperf1.com/2010/03/02/t...f1-entry-list/

This is a link to Adam Cooper, one of SpeedTV's F1 reporters, personal blog.

EDIT:
Other places are reporting the same news now
http://f1.gpupdate.net/en/formula-1-...actory-closes/
http://www.autosport.com/news/report.php/id/81819

What a shame.

What killed them I wonder? Plain old lack of funding? You gotta think they wouldn't have had such a terrible time getting money, what with being the only US team... then again times are tough. It's just a shame if the team failed to produce a car due to some logistics or technical issue rather than a funding problem.