FIA
The Formula One’s governing body (FIA) have fined the USF1 team $414,000 (€309,000) for failing to make an appearance at this years world championship.
The FIA 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 it’s entry in this championship.
The team have also been be deprived of the right to take in any further competition for life and ordered to pay costs incurred by the FIA for the disciplinary hearing.
A month before the start of the 2010 F1 season, the team initially asked for a delay in their entry onto the grid before asking for a years suspension which was refused.
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