Arrows Must Pay to Get Engines, Says Cosworth Boss

Arrows will have to reach an agreement on the substantial sum of money owed to engine suppliers Cosworth if they are to take to the track at this weekend's Italian Grand Prix.

Arrows Must Pay to Get Engines, Says Cosworth Boss

Arrows will have to reach an agreement on the substantial sum of money owed to engine suppliers Cosworth if they are to take to the track at this weekend's Italian Grand Prix.

The struggling team gained 28 days of breathing space when a winding-up order in court was transferred to London on Tuesday but Cosworth CEO Brendan Connor has suggested they are now unlikely to compete in Monza.

"If they do go and indicate they are seeking the consent to run, then there will have to be some sort of settlement," said Connor, who confirmed Arrows' debt to be around $2.7 million.

Speaking on Tuesday afternoon after being informed of the results of the court hearing, Connor added: "We have not yet been informed that they won't attend but it looks unlikely."

Cosworth will send approximately a dozen men to Monza to work on the Arrows engines and without the personnel from the Northampton-based company there is no way the team can get out on track.

Arrows turned up to the last race, in Belgium, but left on the Friday evening after failing to solve their financial problems and being unable to get out on track.

The team claim to have signed Heads of Agreement with a mystery American buyer and it is understood that the team were gathered together in the Leafield Technical Centre on Monday and told that the sale is continuing and their jobs are safe.

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