late entry in place of US F1 . An official FIA statement read : `` The US F1 Team have indicated they will not be in a position to participate in the 2010 FIA Formula One world championship . `` Having considered the various options , the FIA confirms it is not possible for a replacement team to be entered for the championship at this late stage . `` In the coming days the FIA will announce details of a new selection process to identify candidates to fill any vacancies existing at the start of the 2011 season . '' US F1 have faced a race against time to have their car ready for the grid , after a number of sponsors opted to pull out the project . Production of the car had been stopped with the team struggling to pay wages , resulting in a number of staff choosing to leave . Team principal Ken Anderson is yet to comment on whether he will attempt to make the grid for the 2011 season . The decision leaves Argentinian Jose Maria Lopez , who had already been offered a drive with US F1 , without a team . Tuesday
-LRB- CNN -RRB- -- Motor Sport 's governing body , the FIA , have formally confirmed the entry list for the 2010 Formula One season -- with potential newcomers US F1 omitted from the grid . The financially-troubled team had asked the FIA if they could miss the first four races of the season in order to attract extra sponsorship , but have instead been told that they must re-apply if they are to be on the grid for the following season . The official entry list shows 12 teams and 24 drivers -- two teams more than last season . Three new teams are lining up -- Lotus , Virgin Racing and Hispania Racing -- with Toyota deciding to leave the sport . There are also two team name changes . Last year 's winning constructor 's Brawn GP have been taken over by Mercedes , while BMW Sauber have reverted back to being the Sauber team , although they have to retain the BMW title for this season due to legal obligations . Meanwhile , there is also no place on the grid for the proposed Serbian-backed Stefan GP team , who had been hoping to gain a