Good news for Gene Haas and F1 as his entry has been accepted by the FIA
Formula 1® - The Official F1® Website
Word on the street is the car will be designed by Dallara in Italy and will either run a Ford Cosworth or Ferrari power unit.
Great to see a US team being created and I'm sure Haas will make a credible go of it (unlike the pitiful USF1 effort).
Getting an entry is the easy part, the hard work is yet to start as the team has a monumental task to be ready by the start of the 2015 season.
Good luck to all involved!