Week on week, it looks more dire for USF1!

The team has played down the ever-mounting speculation as to its future, following the revelation that its Charlotte HQ has been placed up for sale.

Walters Commercial Real Estate has listed the Twin Lakes Business Park building for over US$3M.

However…

USF1 holds a five-year long-term lease on the premises, which it shares with local racing Robby Gordon motorsports and BAM Racing. The team is – of course – insisting that the sale will have no impact on its plans.

“USF1 has a long term lease on the building so there are no worries there,” a spokesperson for the team said. “It is absolutely USF1’s intention to compete this season.”

USF1 has signed just one wallet pay driver so far – José María López – but has yet to launch or tests its 2010 car.

It still begs the question as to whether the potential new owner has to honour a lease agreement already in place???

The following two tabs change content below.

Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.
Share