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Jose Maria Lopez secures US F1 drive

ESPNF1 Staff
January 23, 2010 « Heidfeld to settle for Mercedes test drive | »
Jose Maria Lopez looks set to race in Formula One this year © Sutton Images

US F1 will confirm Jose Maria Lopez as one of its drivers on Monday, according to the Argentine's management.

Lopez's spokesman Miguel Mattos confirmed that his driver has the necessary funding in place to secure the deal, which was first mentioned last November. "Everything has been agreed and the official announcement will be made on Monday," Mattos told Reuters.

The sponsorship package is believed to be worth US$8 million and has been sourced from a group of firms, the V6 Top Race series and the Argentine government. The final decision was made on Friday after US F1 boss Peter Windsor was engaged in several days of talks with Lopez's backers in Buenos Aires.

Lopez competed in GP2 in 2005 and 2006 as well as testing for Renault and Minardi around the same time. Since leaving European racing in 2007 he has spent the last three years competing in touring cars in his native country.

The identity of US F1's second driver is still unknown, although Briton James Rossiter has been linked to the position.