Cypher Group calls time on 2011 F1 bid

31 July 2010, 12:50 am

The US-based Cypher Group has ended its interest in joining the Formula One grid next season, citing a lack of necessary funding to complete the programme to its satisfaction. The bid was derided when it first emerged, coming so soon after the embarrassment of the USF1 project, but Cypher always insisted that it had no intention of taking F1 for the sort of ride its predecessor achieved, and has ...... Read More »

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