I know the USF1 team has been mentioned here.
And here is the official news
http://www.autosport.com/news/report.php/id/73414
What gets me is the part.
"we're in the entertainment business"
Now see personally I disagree with this. I believe they are in the competition business with a fan interest base. F1 is supposed to be the pinnacle of motorsports. That is why it is now the only recognised series to be elligable for the world championship (little known fact the World championship is actually a seperate thing from F1)
And as such I think teams should be focused in a competition mindset.
Thoughts?