[IIVVX]

American Cypher Group hoping to join 2011 grid - Formula 1 news - GPUpdate.net



The American Cypher Group, a collection of experienced Formula 1 engineers, is hoping to accumulate a sufficient budget to be able to submit an application to the FIA in order to join the 2011 World Championship, GPUpdate.net can exclusively reveal.

With US F1 having failed to make the grid at the start of the current campaign, Cypher wishes to take advantage of the available spot for the 2011 season although the group has no direct links with the outfit formed by Ken Anderson and Peter Windsor, neither of whom are involved in the project.

Cypher Group has explained that the squad, which would be Formula 1's first from the United States should it eventually make the grid, would be based in North Carolina; however, it does stress that the project remains in a preliminary phase.

"We will only place a full application should we achieve fully the budget we believe is required to do this properly," a Cypher Group spokesperson explained to GPUpdate.net on Wednesday evening.

"Even though we have some ex US F1 members in our mix, Cypher Group was not born of disgruntled ex US F1 employees. Cypher Group and its international members simply saw the potential of a US-based F1 team, the disappointment of the fans and the dreams of many young American engineers of having a home team. Hence we wish to give America the shot it deserves.

"Again we recognise that the time frame is not ideal, however we feel it has to be done now, due to the availability of a grid slot. But as we have stated, we will not submit a full entry unless we can fully achieve the budget we believe is required to do this properly."

[Alzilla]

Here we go again...

[smy266]

Hopefully there will be a better outcome to this. Or they should wait until 2012 to have everything in order

[RDuke]

This will fail. The good news is that as more groups shoe interest it may get a real race team to make a bid, like Penski, Hendick, Gibbs, ect

[MexicoBlue]

Yeah, I'm not optimistic for these guys, but you gotta love them for trying.

[X2daC]

A group of F1 engineers.

Not a few has beens and a bank account.

[helothere]

like most of you guys said already, I don't see this move of theirs optimistic.......
but who knows if we might really have an American F1 team on the grid next season..?
just hoping they can provide results (of failing or succeeding) at least.