Is USF1 folding?
02-17-2010, 02:14 PM
#2
Team Owner
Looks bad hope he didn't quit SpeedTV job!
No clue how they could get that far and have the sponsor pull out I think they need a better lawyer. I guess Utube had a separate corp and would just fold it up anyway.
No clue how they could get that far and have the sponsor pull out I think they need a better lawyer. I guess Utube had a separate corp and would just fold it up anyway.
02-17-2010, 03:09 PM
#4
Team Owner
Member Since: Mar 2001
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seems to be
http://forums.corvetteforum.com/auto...n-trouble.html
http://www.autoblog.com/2010/02/17/r...-of-usf1-team/
http://forums.corvetteforum.com/auto...n-trouble.html
http://www.autoblog.com/2010/02/17/r...-of-usf1-team/
A recent report out of Spain suggests that the USF1 team won't make it to the starting grid in Bahrain and that the team's chances of making it to the next two races are in question, putting the entire season in jeopardy. To make matters worse, rumors are circulating that one of the team's principle backers – YouTube founder Chad Hurley – has pulled his support from the Formula One upstart and that Brian Bonner, a former IndyCar driver and the team's head of business development, is no longer working for the firm, taking a co-director position at B4 Marketing.
It's been some time since we've heard any word from the team, beyond the announcement that Argentinian touring car driver Jose Maria Lopez has been tapped to handle driving duties. The lack of a second driver, along with rumblings that former YouTuber Hurley is considering backing the Campos team or Stefan GP doesn't help matters. And to muddy the waters further, the USF1's headquarters are apparently up for sale, suggesting something's rotten in Denmark Charlotte, and validating Bernie Eccelstone's earlier predictions about the team's troubles. Thanks for the tip Adam.
It's been some time since we've heard any word from the team, beyond the announcement that Argentinian touring car driver Jose Maria Lopez has been tapped to handle driving duties. The lack of a second driver, along with rumblings that former YouTuber Hurley is considering backing the Campos team or Stefan GP doesn't help matters. And to muddy the waters further, the USF1's headquarters are apparently up for sale, suggesting something's rotten in Denmark Charlotte, and validating Bernie Eccelstone's earlier predictions about the team's troubles. Thanks for the tip Adam.
Last edited by BrianCunningham; 02-17-2010 at 03:15 PM.
02-17-2010, 06:37 PM
#5
Team Owner
web site still up and http://www.facebook.com/USF1Team
building could be F/S if they are renting it would not matter who knows we can hope.
building could be F/S if they are renting it would not matter who knows we can hope.
02-17-2010, 07:20 PM
#6
I hope they don't fold...a former co-worker went to work there in December, and I'd hate to think he left, only to have the job disappear. The missed payroll was bad enough, but no payroll would be worse.
As for the building, it was for sale before USF1 leased it, and it's being advertised as having an F1 team as a renter. http://www.charlottecpe.com/propertyView.cfm?PID=21321
As for the building, it was for sale before USF1 leased it, and it's being advertised as having an F1 team as a renter. http://www.charlottecpe.com/propertyView.cfm?PID=21321
02-17-2010, 07:45 PM
#7
Vetteless
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St. Jude Donor '09
FWIW:
http://adamcooperf1.com/
Adam's been around a long time. This puts it to the point for me where I believe it is over, and will eat a little crow if not. Sure hate it for all involved.
http://adamcooperf1.com/
Adam's been around a long time. This puts it to the point for me where I believe it is over, and will eat a little crow if not. Sure hate it for all involved.
02-17-2010, 09:24 PM
#8
Team Owner
FWIW:
http://adamcooperf1.com/
Adam's been around a long time. This puts it to the point for me where I believe it is over, and will eat a little crow if not. Sure hate it for all involved.
http://adamcooperf1.com/
Adam's been around a long time. This puts it to the point for me where I believe it is over, and will eat a little crow if not. Sure hate it for all involved.
02-18-2010, 08:49 AM
#10
Former Vendor
Last edited by Finspeed; 02-18-2010 at 08:52 AM.
02-18-2010, 09:35 AM
#11
Racer
web site still up and http://www.facebook.com/USF1Team
building could be F/S if they are renting it would not matter who knows we can hope.
building could be F/S if they are renting it would not matter who knows we can hope.
Speed TV also posted the Adam Cooper info.
02-18-2010, 11:51 AM
#13
Safety Car
USF1Team: The US F1 Team web server is down and is being repaired as this is written. We are not gone, as many have reported. More news soon.
http://twitter.com/USF1Team
02-18-2010, 12:15 PM
#14
Le Mans Master
Sadly, right about on schedule for what i was expecting from them. 
OTOH, racing is back on the tube, right where I need it to be while I'm out in the shop!
Y'all have a good one,
Mike
OTOH, racing is back on the tube, right where I need it to be while I'm out in the shop!
Y'all have a good one,
Mike
02-18-2010, 02:46 PM
#17
Team Owner
02-18-2010, 05:36 PM
#18
Premium Supporting Vendor
Thread Starter
Now there are wild rumors that Campos Meta and USF1 will merge/buy out one or the other. This is silly season before the season even starts
02-18-2010, 09:15 PM
#19
Vetteless
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St. Jude Donor '09
I've heard that too, but it makes me wonder: what could USF1 have that Campos needs? Car? Nope. Drivers? Nope. Facilities? No again. I could see where Campos would want to be buddies with Chad Hurley, but that's hardly a merger.