Honda F1 website

APRIL 11, 2003

Arrows liquidators appointed

Geoffrey Rowley and Kevin Hellard, both of RSM Robson Rhodes, have been appointed joint liquidators of Arrows Grand Prix International. The assets of the company will be sold off and whatever money raised with be paid to the creditors. It is not likely that this will produce much in terms of renumeration and it is believed that a number of creditors intend to pursue team boss Tom Walkinshaw personally to get their money.