Arrows to miss Hungarian GP

Due to ongoing investor problems the Arrows F1 team has confirmed it will miss the Hungarian Grand Prix on August 18th. Arrows have struggled to remain in this year's championship since the European GP in June and the future of the team is still...

Due to ongoing investor problems the Arrows F1 team has confirmed it will miss the Hungarian Grand Prix on August 18th. Arrows have struggled to remain in this year's championship since the European GP in June and the future of the team is still uncertain. This statement was released today:

"Arrows Grand Prix International today confirms that it remains in detailed discussions with potential investors. In the light of this, Arrows has been advised to do nothing that could interfere with these discussions and that the OrangeArrows team should not compete in the Hungarian Grand Prix this weekend."

"Arrows hopes to be in a position to make a further statement within the near future."

Heinz-Harald Frentzen was recently released from his contract with Arrows, at his request, due to the unstable situation within the team. It's yet to be seen who will replace him -- should Arrows race again this season -- or where Frentzen will go.

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About this article
Series Formula 1
Drivers Heinz-Harald Frentzen
Teams Arrows