The auction of USF1 assets raised a paltry $1.4M An auction of the assets from the farcical USF1 operation has raised a paltry US$1.4M, just 5% of the total amount squandered spent by the Peter Windsor and Ken Anderson led operation.

With a long list of creditors left in the lurch by their not unexpected closure, the entire list of assets belonging to the operation went under the auctioneer’s hammer.

The list of 427 lots included the mudane and the ambitious: bins, computers, workshop tools, a forklift, vacuum cleaner, a wheel, a barbeque and (the ambitious bit) a bottle of champagne! Also in the assortment was a carbonfibre mock-up of the never-built USF1 chassis, which went for a little under $8,000.

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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.