update_option from an array populated

Hi guys, i may be having a blonde moment here ??
I am building a custom plugin, everything else is working how it should, but for some reason i cannot echo my “option”

I have checked options.php and the field is infact there, but has no value.

Here is some code ??

My options array to populate the form <option>

$l1dt = array(
  		1=>"Caterham-Renault",
  		2=>"Ferrari",
  		3=>"Force India-Mercedes",
  		4=>"HRT-Cosworth",
  		5=>"Lotus-Renault",
  		6=>"Marussia-Cosworth",
  		7=>"Mercedes GP",
  		8=>"Mclaren-Mercedes",
  		9=>"Red Bull-Renault",
  		10=>"Sauber",
  		11=>"Toro Rosso-Ferrari",
  		12=>"Williams-Renault",
		);

Update and echo the options

$l1d1t = $_POST['league1_driver1_team'];
update_option('league1_driver1_team', $l1d1t);

$l1d1t = get_option('league1_driver1_team');

Now here is the form code:

<td><select><?php foreach($l1dt as $key => $value) { ?><option value="<?php echo $l1d1t ?>"><?php echo $value ?></option><?php }?></select></td>

ive just pasted the minimal as there is way too much to post here ??

I want to update the option and return it as the <option> value.
Any help would be fantastic.

Many thanks in advance
Rory