Honda F1 website

JUNE 7, 2003

Arrows being sold off

The remaining assets of Arrows Grand Prix International Limited are being sold off at auction on June 18-19 at Leafield. The sale has been ordered by B J Hamblin and P J Long, Joint Administrative Receivers of the company and by various financial companies involved. The sale will include an Arrows A23 race car plus the team's AX3 three-seater F1 car, which never ran properly. The sale includes a Jaguar XJ220 sportscar. There will also be trailers, racing and pit equipment, hospitality units, and all manner of production machinery including a five-axis milling machine. There will also be some memorabilia, some of it signed.