Just recently a few months back, a notable figure named Michael Ryan Johnson mentioned
about not having an American in Formula 1. Well this year he is staying put as he begins
to make his plans to enter the Formula Ford for 2009. His requirement is to get
a sponsor in placing $220,000 for the ride (That is 100,000 Euros).

Link:
http://mjdrive.blogspot.com/2008/06/on-job-2009-championship-campaign.html