US F1 keeping Charlotte base

Posted on | Author Keith Collantine

US F1 has refuted rumours it is selling its F1 base in the USA.

The building the team operates from in Charlotte, North Carolina has appeared for sale prompting fresh speculation about the future of the team.

A US F1 spokesperson explained the team are tenants in the property and the owners have put the site up for sale, which will not affect their use of it as a base for their F1 programme this year.

The spokesperson added: “US F1 Team has a long term lease at the building, so no worries there. It is absolutely US F1 Team’s intention to compete this season.”

According to the property advert the team spent $620,000 (?Ú?˙395,000) on renovations to the site last year and have leased it until June 2014.