While the USF1 project may be dead and gone, there is still hope for an American team in Formula One. A bid by a group of American investors to enter F1 met with teams and Bernie Ecclestone to advance their talks over the weekend.

Autosport first broke the news. The team is being led by Parris Mullins, the advisor to YouTube co-founder Chad Hurley during his involvement at US F1, last month.

Mullins was in Montreal last weekend for the Canadian Gran Prix to try and advance their talks about the future. He has made clear that the group will look to take over a current team and not bring in a new one. Speculation has already linked the group with Sauber and Toro Rosso because of his personal links with Ferrari. Yet, Mullins says he is totally open-minded about the issue.

When Mullins spoke with Autosport, he said “Over the course of these three days progress has been huge. There was only so much I could do from the US anyway, and all the right people are here congregated in to one area.

"I made a lot more progress this weekend than what I was expecting, I hope to be making just as much progress between now and Valencia so we will see. The project is moving ahead.

Full story after the jump.

"More options have come up. As I have mentioned before I had several different ideas for not just myself to enter the sport, but also for the group of people that I am representing. So more possibilities have popped up. It has been a very productive weekend."

Mullins did confirm that he met with F1 boss Bernie Ecclestone over the weekend to discuss his involvement in the sport.

"Like I have said before, if the project makes sense Bernie is willing to help," he said. "If it makes sense then he will get behind it. I am taking it one step at a time, going at his pace and following his advice."

Ferrari president Luca di Montezemolo is on their side, as he said that he would love for his team to link up with an American outfit.

What do you think?
Show Comments


  (647) posted on 07.20.2011

F1 race would be an exciting event to watch out. Admittedly, its quite popular among different region and there things like watch that was based from this racing track. Even in the Paris, a virtual reality car game was developed for a F1 enthusiast that wanted to feel driving a F1 car.

  (458) posted on 07.20.2011

I have a lot of auctioned F1 champion vehicle! I do love to see a vintage car for it helps me to remember the awesome history and its development into a modern F1 car!

  (314) posted on 06.15.2011

Well, I do hope that on the next season of F1 race I can see their car blast in the race track! I guess We need to wait on what will happen next!

  (415) posted on 06.15.2011

hmm. So this is the reason why I haven’t seen them in the previous event of the F1 race! I do hope as well that they can revive the USF1 race!

  (515) posted on 06.21.2010

i hope they can revive the USF1 team...

  (417) posted on 06.20.2010

Well, what do you mean by that? Most of the USF1 has been auctioned and sold.

  (666) posted on 06.17.2010

Absolutely wonderful with that outfit. Looks they are showing the love for their country.

  (379) posted on 06.17.2010

Its also in the Spanish media as well. Things are NOT looking good for USF1. Hurley’s $$$ gone, Bonner’s talent gone, no chassis yet for a crash test, and they’re likely to miss the first three events which would make them ineligible to compete the rest of the season.

  (313) posted on 06.16.2010

Well, I hope they can convince ferrari on the US F1 future.

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