The men behind the proposed USF1 team insist they have both financial and political support to enter Formula One in 2010.

Ken Anderson and Peter Windsor outlined their plans for the American-based outfit in a broadcast on Speed TV, at which it was revealed the team's cars would be designed and built in North Carolina, home to the Windshear wind tunnel facility designed by Anderson.

"I first told Bernie Ecclestone about this in Brazil 2006, and he was his usual specific self. He just said, 'great, get it done'," Windsor said in quotes reported by Autosport. "He has kept in touch ever since and has always been supportive."

Windsor, USF1's sporting director, conceded the team would not be supported by a major backer from either the manufacturing or private sector, but insisted he and Anderson had put together a viable business plan that they will be putting into action in the coming months.

"If you look at the way it's gone in the recent past, it's been either you find a rich trillionaire and have him dominate, or you are lucky enough to be invited by a large car company to set up their F1 operation," he said.

"Ken and I have been around long enough to know we didn't want to do those things.

"We always wanted to do our own team our way. We have got some things we went to bring in.

"The key was not to selling anything more than a very small stake in the team.

"We set ourselves some unbelievably steep hills to climb in a recession, but we only wanted to sell a small part of the team, and, as we sit here now, I'm pleased to say we've done that and we're now two guys that can say we are going to do an F1 team because we have the capital to do it."