February 28th, 2010 
Stephen Rhodes 
Posted in
Speed TV has learned that the struggling start-up USF1 Formula 1 team has formally petitioned the FIA to defer the team’s entry into the sport until 2011.
Team principals Ken Anderson and Chad Hurley have offered to post a “substantial, seven-figure” surety bond as proof of their intentions to race next year.
The request for a deferment follows a breakdown in merger discussions between USF1 and the Spanish Campos Meta team. The Serbian-based Stefan GP team also had made overtures about working with USF1, but those talks also failed to yield anything substantive.
It now appears that neither USF1 nor Campos will be on the grid for the season-opener at Bahrain.
Contrary to media speculation elsewhere, Hurley is still very much involved in the USF1 effort.
Your Track Pass will continue to follow the developments in reference to the USF1 saga as they come, so stay tuned.
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