 Boss Peter Windsor and driver Jose Maria Lopez face an uncertain future
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US F1 have reportedly applied to world motorsport's governing body, the FIA, to defer their entry into the Formula 1 world championship for 12 months.
The team, based in Charlotte, North Carolina, is among four newcomers entered for the 2010 season, which begins in Bahrain on 14 March.
But team principal Ken Anderson told autosport.com: "We have applied to the FIA to hold our entry until 2011."
An FIA spokesman told BBC Sport a statement would be made "soon."
He added: "When we are in a position to make a definitive statement, we will."
Lotus and Virgin, who have already been testing, and Hispania - formerly known as Campos - are the other new teams for 2010 and all hope to be on the grid for the opening race.
If US F1 pull out, it could create an opening for the newly-established Serbian-backed Stefan Grand Prix team, which has been lobbying to take their place on the grid.
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"My understanding is that they (Stefan) will be in Bahrain with ex-champion Jacques Villeneuve driving," said BBC pundit and former team boss Eddie Jordan.
Stefan, who plan to use last year's Toyota F1 cars, released a statement on Sunday, saying: "SGP would like to re-confirm its desire and, importantly, its ability to compete in the whole of the FIA 2010 Formula 1 World Championship.
"It recognises that this can only happen with the consent of the FIA and the FOM, but has faith that the Formula 1 'family' will make the correct decision in the end.
"There will be no more press releases on this subject and we look forward to being allowed to show everyone our team in Bahrain."
Former Williams driver Kazuki Nakajima, who has been a Toyota protege since the start of his racing career, is tipped for the other Stefan GP seat.
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