The existing F1 teams, under the FOTA organisation, are understood to have agreed a system of technical support to assist new teams. This compromise proposal would involve the supply of parts and design knowledge to the new entrants, but not full customer cars, in return for which the budget cap idea was dropped.

The four new teams which are included in the entry list are:

Campos Meta 1, Spanish-based GP2 team led by former racing driver Adrián Campos, who lodged an entry for his Campos Racing team in conjunction with Meta Image. 

Virgin Racing, headed by F3 owner John Booth and former team owner Nick Wirth was an unknown entrant until the FIA published the 2010 entry list on 12 June 2009. The team was originally entered as Manor Grand Prix prior to Virgin's investment. 

US F1 Team,a group led by designer Ken Anderson and former Williams employee Peter Windsor.  USF1 has a base of opperation in Charlotte, USA.  USF1 also has a European base in Spain.  USF1 intended to use an "all American" driver line up, but couldn't afford to year one and has reportedly offered its driver spots to the highest bidder.  First such bidder is Argentine Jose Maria "Pechito" Lopez.  At 26 years old, Lopez' sponsorship package is said to be worth more than $5M US.

 
Lotus F1 Racing, a partnership between the Malaysian government and a consortium of Malaysian entrepreneurs. Mike Gascoyne, whose previous Lotus entry with Litespeed was unsuccessful will be the technical director.