Monday, April 5, 2010

USF1 team ends the great American dream of formula one

The employees of the USF1 team were in for a shock when they checked their official email IDs last week. Now this is all unconfirmed news but has been broken by the who’s who of formula one news. the rumour is the USF1 team boss Ken Anderson has emailed all of his USF1 staff and let them know that they are being permanently laid off.

Apparently Peter Windsor has also abandoned ship. The contention is that if the project restarts again then the staff could be rehired for the team. Already the FIA seems to be contemplating action against the team after it was unable to product its cars for the 2010 Bahrain Grand Prix.

The full contents of the email arent there yet, but apparently it had references to the economic slowdown and the downturn in the economy. Quoting from the alleged email, the decision was made due to “serious economic and funding challenges”.

There are reports that some employees have even filed cases for unpaid salaries and wages for the work done.

Here is hoping that the team is able to sort out finances and is able to come forward for the 2011 formula one season.

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