Ken Anderson has spoken to Autosport about the current status of the US F1 team.
Mr. Anderson confirmed that the team will not participate in the 2010 season, and has requested that the FIA defer their entry until 2011. The team is intact, with the exception of previously-contracted driver Jose Maria Lopez and some temporary staff members, and is optimistic that the FIA will quickly grant their request. A sponsorship deal fell through in mid-January and without it the team was simply unable to commit to racing, however most of the preparations to do so were in place. The interview is worth reading as it clears up much of the blather that has been careening around this week.