Arrows has announced that it will race in this weekend's Belgian Grand Prix after finalising a deal with an 'American investor' to buy the team.
Heads of Agreement have been signed regarding the purchase of the team by an American investor. They hope for the deal to be completed by Friday. It is very likely that former BAR boss Craig Pollock is involved in the purchase. Pollock has been in negotiatons for some time now on behalf of US investors with Walkinshaw since last month.