POSF1 Scraps Launch After Car Failure

Today, POSF1 have cancelled their planned unveiling of the POSF1-10 due to car problems.
"Today's engine problems for Fernando Alonso and poor lap times by STR have caused us to rethink our entrant for 2017" stated EJ Roller, team principal at POSF1. "We now have to go back to the office and further discuss what our entrant is going to consist of." Roller further stated.

"I am very disappointed with Honda" Alonso stated. "I have a good chance to join a winning organization and Honda screwed it up!"

There is currently no time table for POSF1's launch date.