IMO, the smart move would be a Austin TX base. I hope these guys will make it:
Cypher Group secures 'significant global partner' - Formula 1 news - GPUpdate.net
American Cypher Group hoping to join 2011 grid
12 May 2010
The American Cypher Group, a collection of experienced Formula 1 engineers, is hoping to accumulate a sufficient budget to be able to submit an application to the FIA in order to join the 2011 World Championship, GPUpdate.net can exclusively reveal.
With US F1 having failed to make the grid at the start of the current campaign, Cypher wishes to take advantage of the available spot for the 2011 season although the group has no direct links with the outfit formed by Ken Anderson and Peter Windsor, neither of whom are involved in the project.
Cypher Group has explained that the squad, which would be Formula 1's first from the United States should it eventually make the grid, would be based in North Carolina; however, it does stress that the project remains in a preliminary phase.
"We will only place a full application should we achieve fully the budget we believe is required to do this properly," a Cypher Group spokesperson explained to GPUpdate.net on Wednesday evening.
"Even though we have some ex US F1 members in our mix, Cypher Group was not born of disgruntled ex US F1 employees. Cypher Group and its international members simply saw the potential of a US-based F1 team, the disappointment of the fans and the dreams of many young American engineers of having a home team. Hence we wish to give America the shot it deserves.
"Again we recognise that the time frame is not ideal, however we feel it has to be done now, due to the availability of a grid slot. But as we have stated, we will not submit a full entry unless we can fully achieve the budget we believe is required to do this properly."
Cypher Group secures 'significant global partner'
26 May 2010
Cypher Group, a fresh collection of Formula 1 engineers which hopes to make the grid as America's first team next year, has completed a deal with what it describes as 'a significant global partner'. The assemblage is also in talks with a current F1 team with a view to confirming a technical partnership, GPUpdate.net can exclusively reveal.
Although US F1 failed to make the grid for the current campaign and Cypher's crew includes a number of engineers from the team founded by Ken Anderson and Peter Windsor, the recently-formed outfit is a completely independent operation.
Previously hoping to be based in North Carolina, it is now considering a switch to Texas following Tuesday's announcement of a new facility for the United States Grand Prix.
With Ferrari Chairman Luca di Montezemolo having been quoted in the Italian media as supporting American-based teams, Cypher believes that its setup is the most likely to make the grid and has explained that it is in talks with a current F1 company in order to establish a deal for components such as engines and gearboxes.
"With the securing of a Formula 1 Grand Prix in Austin for 2012 and beyond, Cypher Group would like to congratulate the state of Texas and all involved with their success," a Cypher spokesperson told GPUpdate.net on Wednesday afternoon.
"This new venue will undoubtedly excite all American and global Formula 1 fans alike.
"Cypher Group believes the securing of a US Grand Prix strengthens and highlights the need for a home team. Thus we are currently in contact with a world-renowned F1 manufacturer who, like Cypher Group, realises the potential of a US-based team.
"As we continue to move forward, Cypher Group has secured a significant global partner which, at this time, wishes to remain anonymous.
"With such a short time frame, it is a great challenge that lies before us; however we believe that, with the support of our partners and America, the possibility of an American Formula 1 team racing on home soil can become a reality."
GPU Archive - 12.05.10: American Cypher Group hoping to join 2011 grid