The First U.S. Formula 1 Team in quite a while (thanks BV!) . . .

An American Formula 1 team has formed with Bay Area native Ken Anderson and SPEED TV's Peter Windsor confirming their new team's plans to the press in the runup to the official announcement. While visiting San Francsico, Peter took the time to say a special hello to San Francisco Formula 1 Group members:

The official word on USF1 is due on Tuesday, February 24th at 9am (PST) on SPEEDTV and online at USF1.com, and we're all very excited to hear news of a new era for the United States in a sport which hasn't seen an American car and driver win since Dan Gurney's Anglo-American Racers in 1967.

Dan Gurney in his Eagle-Weslake for the win at the 1967 Belgian Grand Prix

With names like Gurney, Andretti, and Mayer, the United States' contribution to F1 has not only included American team members, but also the wealth of technology that has helped create the cars we love to watch each weekend. Carbon-carbon brakes as well as the carbon composite monocoque originated in this country, and we're looking forward to seeing a remarkable American effort compete on an international stage.

What: The USF1 team launch!

When: Tuesday, February 24th, 9:00 am PST

Where: USF1.com, and SPEEDTV