Jan.23 (GMM) USF1 will announce on Monday that it has signed Argentine driver Jose Maria Lopez for 2010.

The American team reached a deal with the 26-year-old touring car driver late last year, dependant on the finalisation of his sponsorship package believed to be worth around $8m.

"Everything has been agreed and the official announcement will be made on Monday," the former GP2 racer's spokesman Miguel Mattos told Reuters.

The news agency said USF1 sporting director Peter Windsor has been meeting with Lopez's sponsors in Buenos Aires in the past days.

It is believed the country's government will advertise Argentinian tourism on the USF1 car, and that the Top Race V6 series and the company Kwan will also sponsor the Charlotte based team.

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