{"id":505065,"date":"2010-04-02T11:31:00","date_gmt":"2010-04-02T15:31:00","guid":{"rendered":"http:\/\/www.autoblog.com\/2010\/04\/02\/report-usf1-shuts-doors-apparently-for-good\/"},"modified":"2010-04-02T11:31:00","modified_gmt":"2010-04-02T15:31:00","slug":"report-usf1-shuts-doors-apparently-for-good","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/505065","title":{"rendered":"Report: USF1 shuts doors, apparently for good"},"content":{"rendered":"<p>Filed under: <a href=\"http:\/\/www.autoblog.com\/category\/motorsports\/\" rel=\"tag\">Motorsports<\/a>, <a href=\"http:\/\/www.autoblog.com\/category\/hirings-firings\/\" rel=\"tag\">Hirings\/Firings\/Layoffs<\/a>, <a href=\"http:\/\/www.autoblog.com\/category\/plants-manufacturing\/\" rel=\"tag\">Plants\/Manufacturing<\/a>, <a href=\"http:\/\/www.autoblog.com\/category\/earnings-financials\/\" rel=\"tag\">Earnings\/Financials<\/a>, <a href=\"http:\/\/www.autoblog.com\/category\/racing\/\" rel=\"tag\">Racing<\/a><\/p>\n<p><img decoding=\"async\" vspace=\"4\" hspace=\"0\" border=\"1\" alt=\"\" src=\"http:\/\/www.blogcdn.com\/www.autoblog.com\/media\/2010\/04\/usf1-630.jpg\" \/><\/p>\n<p><a href=\"http:\/\/www.autoblog.com\/2010\/03\/15\/usf1-reportedly-still-holding-out-hope-for-2011\/\">USF1<\/a> has officially shuttered operations in Charlotte, NC. That&#8217;s according to the <em>Charlotte Business Journal,<\/em> which notes that Ken Anderson, president of the team, sent employees an email yesterday pointing to financial woes as the straw that broke the doomed camel&#8217;s back. Anderson&#8217;s pet racing project was supposed to jump into the Formula One fray at the Bahain Grand Prix on March 14, but couldn&#8217;t quite <a href=\"http:\/\/www.autoblog.com\/2010\/03\/02\/report-usf1-operations-effectively-shut-down\/\">get its act together<\/a> in time. Rumors of a shut down have been dogging the USF1 team nearly as long as it&#8217;s been around, and this time, it looks like the naysayers were right.<\/p>\n<p>Even worse, a handful of former USF1 employees have filed complaints with the North Carolina Department of Labor over missing paychecks. While Anderson&#8217;s email said that employees could be called back at some point in the future, it looks like it&#8217;s lights out for good from here. <\/p>\n<p>[Source: <a href=\"http:\/\/charlotte.bizjournals.com\/charlotte\/stories\/2010\/03\/29\/daily46.html\">Charlotte Business Journal<\/a>]<\/p>\n<p style=\"padding:5px;background:#ddd;border:1px solid #ccc;clear:both;\"><a href=\"http:\/\/www.autoblog.com\/2010\/04\/02\/report-usf1-shuts-doors-apparently-for-good\/\">Report: USF1 shuts doors, apparently for good<\/a> originally appeared on <a href=\"http:\/\/www.autoblog.com\">Autoblog<\/a> on Fri, 02 Apr 2010 10:31:00 EST.  Please see our <a href=\"http:\/\/www.weblogsinc.com\/feed-terms\/\">terms for use of feeds<\/a>.<\/p>\n<h6 style=\"clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;\"><\/h6>\n<p><a href=\"http:\/\/www.autoblog.com\/2010\/04\/02\/report-usf1-shuts-doors-apparently-for-good\/\" rel=\"bookmark\" title=\"Permanent link to this entry\">Permalink<\/a>&nbsp;|&nbsp;<a href=\"http:\/\/www.autoblog.com\/forward\/19423654\/\" title=\"Send this entry to a friend via email\">Email this<\/a>&nbsp;|&nbsp;<a href=\"http:\/\/www.autoblog.com\/2010\/04\/02\/report-usf1-shuts-doors-apparently-for-good\/#comments\" title=\"View reader comments on this entry\">Comments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Filed under: Motorsports, Hirings\/Firings\/Layoffs, Plants\/Manufacturing, Earnings\/Financials, Racing USF1 has officially shuttered operations in Charlotte, NC. That&#8217;s according to the Charlotte Business Journal, which notes that Ken Anderson, president of the team, sent employees an email yesterday pointing to financial woes as the straw that broke the doomed camel&#8217;s back. Anderson&#8217;s pet racing project was supposed [&hellip;]<\/p>\n","protected":false},"author":6487,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-505065","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/505065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6487"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=505065"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/505065\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=505065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=505065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=505065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}