US F1 closes down

Posted on Author Keith Collantine

US F1 has closed its factory less than two weeks before it was supposed to begin competing in Formula 1.

According to Autosport the remaining staff have been laid off. I have been trying to contact the team for several days without success.

There has not yet been an official announcement from the team.

It remains to be seen if there will be time for their entry to be taken up by Stefan GP with the first practice session at Bahrain just ten days away.

Read more: US F1 set to abandon F1 bid