JANUARY 10, 2003
Walkinshaw and Cosworth
There are reports that Cosworth Racing, the Ford Motor Company subsidiary which supplied engines to the Arrows team last year, is to take legal action against Arrows boss Tom Walkinshaw personally as it tries to recoup losses made on the deal last year. The company is already in legal action against the team with a winding-up order involving several creditors due to go to court on Monday.
Walkinshaw is also waiting for the result of a trial between the team and former partners Morgan Grenfell which is due shortly.
Arrows is in administrative receivership.
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