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AUGUST 13, 2002

Arrows will not compete in Hungary

Arrows has confirmed that they will not compete in the Hungarian Grand Prix this weekend.

Arrows has confirmed that they will not compete in the Hungarian Grand Prix this weekend. The team released a statement saying that they remain in "detailed discussions with potential investors," and they have "been advised to do nothing that could interfere with these discussions", including compete in this weekend's grand prix.

It is still unclear what implications this will have in regards to the team's Concord Agreement rights.