F1 could still get American team 14/05/2010
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Another American group has expressed an interest in becoming the 13th team on the Formula 1 grid next season.
Cypher Group says it wants to "give America the shot it deserves" after USF1’s disastrous attempt to enter the sport this season.
Cypher consists of "experienced F1 engineers, designers and businessmen" whose objective "is to create a successful US-based F1 team".
It added that it "recognises the significant challenges" of building a team in a short amount of time and will therefore "utilise 'best of breed' components throughout the car".
A statement read: "In support of this strategy, Cypher is in contact with established manufacturers of Formula 1 racing cars and components. Our aims are ultimately to be competitive and provide unrivalled access and interaction for our supporters whilst maintaining high standards of integrity and values, alongside creative out-of-the-box thinking."
However, the group made it clear that it has not yet lodged a formal entry to compete next year.
It said it will only do so "should we achieve fully the budget we believe is necessary to do this properly. We are not in this to embarrass America, the fans or ourselves. We simply want to give America the shot it deserves."
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