Following the withdrawal of USF1 from the 2010 season, the FIA announced that it would re-open the selection process for 2011. Stefan Grand Prix was one of fifteen organisations to submit an entry to the FIA. However, in the week before the 2010 Italian Grand Prix, the FIA announced that none of the prospective entrants met the minimum funding or engineering requirements, leaving the thirteenth grid slot vacant. The bid process was not re-opened for the 2012 season.