In the closing days of the US F1 team’s demise, Ken Anderson made a last-ditch proposal to the FIA requesting his team be allowed to begin its season at Barcelona, site of this weekend’s fifth round of the Formula One championship.
But the FIA decided the wheels had come off US F1’s effort to build a car and declared the grid position open for potential new entrants in 2011. Instead of racing in Spain, US F1 has fired all its employes and begun accounting for $3.5 million in debt. Last month, two transporters acquired from Brawn GP were seized for non-payment and put up for auction on eBay.
What went wrong in the US F1 shops in Huntersville, N.C.? … Details
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