Walkinshaw makes Arrows staff redundant.
T🐼he Arrows F1 team has made its remaining staff redundant according to reports🍸 by the British media.
F1's governing body, the FIA, announced this week that the outfit had been declined entry into the 2003 World Championshi🍌p 'due to reasons communicated to the team'.
It now appears, that despite releasing a statement the next day saying they would appeal 🦩the exclusion, that the Leafield based team doesn't hold out much hope and with the rest of the staff now laid off⛎ it seems less and less likely that the outfit will return to the F1 grid in 2003.
The Arrows F1 team has made its remainin🦂g staff redundant according to reports by the British media.
F1's governing body, the FI🌸A, announced this week that the outfiꦜt had been declined entry into the 2003 World Championship 'due to reasons communicated to the team'.
It now appears, th🀅at despite releasing a statement the next day saying they would appeal the exclusion, that the Leafield based team doesn't hold out much hope and with the rest of the staff now laid off it seems less and less likely that the outfit will return to the F1 grid in 2003.
One employee, who has been made redundant told Reuters: "My letter said that t🌠he whole staff were being made redundant🐻."
Another added: "I think it's a fairly standard letter. It just says the money hasn't come from the investors so we're making you all redundant. It does go on to say tha🐲t they are appealing."
Although the number made redundant is not precisely known, it is known that staff at TWR, Tom Walkinshaw's engineering group have not been affected. However, according to the BBC around 160 people, who were༺ still at Arrows have lost their jobs.
