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The fledgling United States Formula One team based outside Charlotte, N.C. has closed its doors and furloughed employees, according to reports Tuesday in Autosport and AutoWeek. Autosport reported that shortly before lunchtime Tuesday, the remaining employees were told they were being put on unpaid leave, but remained technically employed.
Neither publication could confirm the shutdown with team principals Peter Windsor or Ken Anderson. The news comes after weeks of speculation and uncertainty about whether the team would actually come together. On Jan. 25, Windsor announced that Argentine driver José María López would be the team's driver.
ESPNF1 reported Tuesday that Lopez had quit the F1 team and that his manager was working to get him released from his contract.
The team, founded by journalist and former F1 team manager Windsor and run by Anderson, was funded by YouTube co-founder Chad Harley. It had received permission from the FIA, the worldwide auto racing governing board, to compete in F1 and had set up shop in a former Sprint Cup race shop outside Charlotte.
But the team was unable to get a car on the track, even for testing, and F1 officials had declared the outfit unready for competition last week after an inspection visit.
The shutdown means that the Serbian startup F1 team, Stefan Grand Prix, which has been waiting in the wings for several months, may have a chance of getting a late entry into Grand Prix racing.
Anderson and Hurley had made a desperate last-ditch effort to save the team by formally requesting that the entry be postponed until 2011, AutoWeek reported. The shutdown was likely prompted by a negative response from the FIA to that request, the weekly paper said.
The photograph above shows Windsor (left) and Lopez during the Jan. 25 press conference when Lopez was announced as driver.
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