The American outfit, headed by team principals Ken Anderson and Peter Windsor, was granted an entry for the 2010 season but failed to appear. USF1 has since liquidated its assets, and The FIA has confirmed that it has penalized USF1 for failing to take part in this year´s World Championship - although the team does not exist anymore and its remnants were finally broken up in a recent liquidation auction.If nothing else, the action serves as a warning to future entrants that they will not get away lightly if they fail to show up. The process to select the 13th entry for 2011 is currently under way.
The full text of announcement is as follows:
"During the extraordinary hearing that was held in Geneva on 23 June 2010, the Judging Body of the World Motor Sport Council examined, in application of the new disciplinary procedure adopted at the beginning of 2010, the failure of the USF1 Team to take part in the 2010 FIA Formula One World Championship, for which it had been selected and had registered.
"Having had this disciplinary procedure submitted to it by the FIA President, who did not attend the hearing, the Judging Body of the World Motor Sport Council has found the USF1 team guilty of having infringed the FIA International Sporting Code, the sporting regulations of the 2010 FIA Formula One World Championship and the obligations resulting from its entry in this Championship.
"In these circumstances, the Judging Body of the World Motor Sport Council has decided to impose the following sanctions against USF1:
"A fine of 309,000 euros (a sum equivalent to the Entry Fees for the Championship);
"The disqualification of USF1 (which definitively deprives USF1 of the right to take part, in any way whatsoever, in any competition);
"And the payment of the costs incurred by the FIA within the context of this disciplinary procedure."
