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Ken Anderson and Peter Windsor formally unveil plans for US F1 Team

Charlotte, N.C. (Feb. 24, 2009) – Formula One veterans Ken Anderson and Peter Windsor announced live on SPEED today their plans to launch US F1 Team, which, if accepted, would become America’s first Formula One team in more than 40 years.

The American-based Formula One entry will debut in 2010 with drivers that will be announced at a later date. The team will be lean, mean and fan-friendlier than most F1 teams currently on the grid.

“If you look at the way it’s been done in the past, at least in the recent years, it’s been either find an incredibly rich billionaire and have him dominate the team or be lucky enough to be invited by a large car company to set up their Formula One operation,” said US F1 Team Principal Ken Anderson. “Ken and I have been around long enough not to want to do either of those two things. We’ve always wanted to do our own team our own way and that’s what US F1 is all about.”

US F1 Team has to apply with the Federation Internationale de l’Automobile in order to be granted acceptance into the 2010 FIA Formula One World Championship. That process will unfold later this year.

“The FIA instantly grasped the program and understood what Ken and I wanted to do,” said Peter Windsor, executive vice president of US F1 Team. “How we are approaching this team – the lean, mean skunkworks approach – is exactly the sort of thing the FIA are looking for from the other teams in the future.”