F1 2010 news.

The FIA have confirmed the new US F1 team have paid their entry fee and will be on the 2010 starting grid after speculation about the team's future in an interview with a US-based Speed TV cable network.
The US team's factory is based in Charlotte, North Carolina, They sent their entry fee in 10 days ago at a figure of close to US$440,000.

Also in Formula 1 news the new Malaysian-backed Lotus Formula One team has signed its first driver but haven't released any name yet. Italian Jarno Trulli, who drove for the now-departed Toyota team this year, has been linked in media speculation to the new Lotus team whose technical head is former Toyota technical director Mike Gascoyne.

Lotus and US F1 are just 2 of five new teams that are due to make their F1 debuts in 2010, with Toyota and BMW calling it quits.

And whats going on at McLaren? Lewis Hamilton is under contract until the end of the 2012 season and Kovalainen has been linked to a move elsewhere, but he can still retain his seat for the2010 season if the team can't conclude a deal with Kimi Raikkonen, Jenson Button or Nick Heidfeld.

No such dramas at Ferrari for 2010 though, With Kimi stepping aside to allow Fernando Alonso a drive, and of course the return of Felipe Massa which should give Ferrari some hope next year.