Struggling USF1 have moved another step closer to sinking into oblivion after it was confirmed that their driver Jose Maria Lopez is in talks with Campos Meta about a possible move.
Rumours are rife that USF1 are set to withdraw from the sport due to the financial difficulties. Life at Campos Meta has hardly been better, but the team claim it has secured its immediate future after majority owner Jose Ramon Carabante took full control of the outfit.
Lopez's manager Felipe McGough has confirmed talks are underway between the teams.
"The two groups that talked today will do everything possible so that 'Pechito' can be in Formula 1," McGough told Diario Hoy.
"Both Chad Hurley and Jose Carabante talked for several hours to find a solution for the budget issues both teams have. For us this merger is very important as it works in favour of Lopez racing this year.
"We have been doing everything possible and we haven't taken any false steps. The financial difficulties, and the trust we had put after the recognition from the FIA have made things complicated and we must accept that [US F1's] cars will not be ready for Bahrain.
"Right now things are in the hands of the two investing groups. They have the final word. We have hopeful we will reach a resolution to come back to Argentina with good news about Lopez."