US team seeks to join F1 in 2010

FIA president Max Mosley is determined to attract new teams to Formula 1's grid

Potential new Formula 1 team US F1 has lodged an official entry with the sport's governing body, the FIA, to compete in the 2010 world championship.

The American outfit, owned by former Ligier technical director Ken Anderson and one-time Williams team boss Peter Windsor, is the second team to do so.

Campos Racing has already applied, and seven more teams could follow suit.

Interest has been sparked by the FIA's proposed £40m budget cap - but all 10 current teams are fighting against it.

Of all the potential new teams, US F1 are believed to be the most advanced with their project.

But the plans of each outfit appear to be dependent on the outcome of crisis talks between the FIA president Max Mosley and the Formula One Teams' Association (Fota), as they seek a resolution to the current crisis rocking the sport.

Both parties are looking for a solution after Fota issued a threat that all teams would withdraw from F1 and, after a meeting in Monaco on Friday, reported a "small amount of progress".

Talks continue ahead of the deadline for 2010 entries on 29 May.