Arrows could miss Sunday's Belgian Formula One Grand Prix in what would be the troubled team's second successive no-show of the season.
Enrique Bernoldi's team not turn up for the last Hungarian Grand Prix, turning their trucks around after they had got as far as Germany, on legal advice so as not to interfere with discussions with potential investors. The team have been negotiating with former British American Racing (BAR) principal Craig Pollock, who has backing from American investors.
Arrows financial troubles began when a London High Court injunction prevented them from selling key assets and taking on new investors. They are currently last in the standings with two points and have only one named driver, Brazilian Bernoldi, after Germany's Heinz-Harald Frentzen departed.
They could now face heavy penalties for missing races under the sport's secretive Concorde Agreement as well as the prospect of losing their rights to compete in the championship if they become insolvent. A decision is expected later today on whether to compete in the 14th round of the championship.
Filed by James Boylan.
