USF1's hopes of making it onto the grid in 2010 have been boosted, rather than hindered, by the global recession
That is the view of the two key men behind the project, who claim that their plans for a tight-knit efficient F1 outfit are more amenable now than they would have been during the boom time of just a few years ago.
The team's sporting director Peter Windsor said: "There is one aspect to the recession, which is ironic, and that is that if we were in a boom period right now and money was falling out of the sky and there was a line of teams wanting to do Formula One, and lots of trillionaires out there all being enticed by the glamour, then it would be very difficult for guys like us to put up our hands and say we can do a team efficiently, (with a) lean, mean skunkworks approach.
"We can do it in America; we can do it differently from everybody else. [Back then] We would just have got laughed off the ballpark because it is not the way you do a Formula One team, but because of the fact that we are in the recession, and don't forget we started this team long before the recession was even heard of, means that people actually listen to us now and take us seriously.
"What we are saying actually adds up. And if you combine that with the way the FIA has approached the recession, the way they have changed the way a new team can get into F1, the cost of starting up a new team is now dramatically different to the old US$48m bond days.
"Forget those days, forget the US$100m budgets, forget the US$30m retainers for drivers. Over the next three to four years it is going to change dramatically, and that is our period."
Team principal Ken Anderson believes that as well as people being more receptive to a team like USF1, there were other tangible benefits caused by the recession.
"There is a trickle-down to the economy," he said. "A year ago there was a big shortage of carbon fibre because airplane manufacture was sucking it up. But now that people have cancelled their airplane orders there is a glut of carbon fibre, which is cheaper than ever. That's just one example."
Stepping up to F1 in 1962, Jo Siffert shone with Rob Walker Racing Team and BRM before his career was abruptly ended in a fatal crash at Brands Hatch in 1971. Kevin Turner looked back at the life of Switzerland's first F1 winner on the 50th anniversary of his death
OPINION: Max Verstappen is back in the lead of the 2021 Formula 1 drivers’ championship, with the season’s final flyaway events set to get underway in the USA this weekend. But a defensive stance he’s recently adopted could have a lasting impact for the Red Bull driver when it comes to his chances of defeating Lewis Hamilton and Mercedes
Despite appearing to adjust to life as a Ferrari driver with relative ease, it was far from straightforward under the surface for Carlos Sainz Jr. But, having made breakthroughs in rather different routes at the Russian and Turkish races, he’s now targeting even greater feats for the rest of the Formula 1 season
Emerson Fittipaldi is better remembered for his Formula 1 world championships and Indianapolis 500 successes than for the spell running his eponymous F1 team. Despite a hugely talented roll call of staff, it was a period of internal strife, limited funding and few results - as remembered by Autosport's technical consultant
In the 1960s and 1970s, McLaren juggled works entries in F1, sportscars and the Indy 500 while building cars for F3 and F2. Now it’s returning to its roots, expanding into IndyCars and Extreme E while continuing its F1 renaissance. There’s talk of Formula E and WEC entries too. But is this all too much, too soon? STUART CODLING talks to the man in charge
Yuki Tsunoda arrived in grand prix racing amid a whirlwind of hype, which only increased after his first race impressed the biggest wigs in Formula 1. His road since has been rocky and crash-filled, and OLEG KARPOV asks why Red Bull maintains faith in a driver who admits he isn’t really that big a fan of F1?
OPINION: After Lewis Hamilton responded to reports labelling him 'furious' with Mercedes following his heated exchanges over team radio during the Russian Grand Prix, it provided a snapshot on how Formula 1 broadcasting radio snippets can both illuminate and misrepresent the true situation
OPINION: Valtteri Bottas is credited with pole position for the 2021 Turkish Grand Prix, despite being beaten in qualifying. This is another example of Formula 1 and the FIA scoring an own goal by forgetting what makes motorsport magic, with the Istanbul race winner also a victim of this in the championship’s recent history