AUGUST 12, 2002

The clock is ticking on Arrows...

The Formula 1 world is waiting to see what will happen with the Orange Arrows team this week with reports circulating that talks have ground to a halt between Tom Walkinshaw and potential buyer Craig Pollock. According to reports in The Mail on Sunday in Britain the staff at Leafield have not been paid for July, Heinz-Harald Frentzen is owed a considerable amount of money and there are only a couple of days to go before Cosworth Racing needs another $1.6m, as laid down in the agreement struck between the team and the engine supplier at the British GP.

If the sale does not go ahead the team seems to be going out of business although Pollock has been quoted as saying that he is "80%" sure that the sale will go ahead.

In the circumstances the choice of driver for the Hungarian GP is not the major issue but we understand that Fernando Alonso made a discreet visit to the Arrows headquarters about a week ago for a seat fitting.