Arrows missed five Grand Prix last season as it struggled against mounting debts and angry creditors.
Last week it confirmed it was in talks with Germany-based investors and applied for administration to protect their assets while finalising the deal.
Meanwhile, Bernie Ecclestone has finally admitted to what everyone else already knew - that Ferrari's arrogant dominance of last season - through the early introduction of team orders - cost the sport dearly.
Speaking in F1 magazine, Ecclestone said: "I think it did damage.
"It's exactly the same as when people decided that the stock market was over-priced. It was all a matter of perception.
"What people started to think about Formula One was that it was bloody boring because the same team was winning, and not only that, but they are taking the Mickey as well.
"When you do it so early, people thought 'this is really taking us for mugs',
"People don't like being made fools of. The same thing happened in Indianapolis, really. What Ferrari was saying, really, is that we can do what we like."






