Cypher Group confirms 2011 F1 team bid

The American outfit Cypher Group on Thursday confirmed it is vying for the final place on the 2011 formula one grid.

A flutter of activity on Twitter earlier this week revealed that the hopeful outfit is in talks with 22-year-old Indy Lights driver and American Jonathan Summerton.

“They (Cypher) have applied and (I’m) pretty sure things are looking good,” he said.

With the withdrawn application of the GP2 team ART, it is expected that Cypher is in contention for the 13th team place with Epsilon Euskadi and Stefan GP.

“We aspire to bring America’s red, white, and blue back into formula one,” said part of Cypher’s Thursday statement.

The group also confirmed that it will potentially collaborate with Summerton.

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