3 June 2024
USF1 auction raises $1.4m for creditors
A carbon fibre mock-up of the unraced chassis was sold for $7,850
The auction of the abortive formula one team USF1’s assets has raised $1.4 million.
With a queue of creditors to pay off, the entire contents of the American outfit’s Charlotte headquarters went under the hammer.
Among the 427 lots - including bins, computers, tools, a vacuum cleaner, a forklift, a barbeque, a wheel and a bottle of champagne - was a carbon fibre mock-up of the unraced chassis, which sold for $7,850.
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