I have a;rady posted elsewhere that it all hinged on the word participation because if the team's merely turning up is rulesd as not fitting the meaning of participation, then Arrows are in serious trouble. It can be ruled that they missed a race while insolvent, in which case they are out of F1. Or they can be fined US$300,000 for failure to turn up (i.e to participate), and they also then miss out on the TV money for travelling expenses. All these negative achievements will then mak it more difficult for Walkinshaw to settle with Morgan Grenfell and sell the team simultaneously.
This has nothing to do with Ferrari's team orders inAustria. Basically, Arrows are not bringing the sport into disrrepute - Arrows are desperate, and the only ruling here is whether they miss a race with this type of non race intent.
Valve
