Cypher Group rescinds 2011 entry

Posted by Mikel on July 31st, 2010 at 03:55pm

Cypher Group, the American team entered to compete for the thirteenth spot on the 2011 Formula1 roster has withdrawn its entry. According to an Autosport article quoting a press release from the team, “after much deliberation we have decided that the budget we have is not sufficient to allow us to pursue the project in [...]