USF1 will not be racing in Formula One this year and its place on
the grid will not be given to another team.
"The USF1 Team have indicated that they will not be in a
position to participate in the 2010 FIA Formula One World
Championship," the sport's governing body said in a statement
Wednesday. "Having considered the various options, the FIA confirms
that it is not possible for a replacement team to be entered for
the championship at this late stage."
The American team, one of four planned newcomers for 2010,
had previously said it was looking to skip just the first four
races of the season.
The decision dashes the hopes of Serbian team Stefan GP of
taking USF1's place, having waited in the wings with the cars from
the defunct Toyota team.
FIA added that it would soon announce details of "a new
selection process to identify candidates to fill any vacancies
existing at the start of the 2011 season."
