So financially depleted is the Campos F1 team that it is likely to miss all pre-season testing in its Spanish homeland.
This effectively renders the opening round of the 2010 season, the Bahrain GP, an extended test session.
The Spanish team’s head of strategy, Daniel Eisen told the Associated Press, "Bahrain is a test, it’s not a first race for us.
"The cars are very advanced [in terms of their development stage], we have a driver under contract [Bruno Senna] and our intention is to be in Bahrain for the first race.
"Everybody’s worried, and that’s logical because the season is long and we’re the new ones, but first thing’s first – we want to be there with the best of everything, especially the cars."
Eisen continued to try to stem the doubts about the team’s financial position: "It’s no secret that right now we are negotiating with investors and sponsors, especially on an international scale," he continued, "but everything is going according to plan.
"Bruno didn’t come with cash and that’s important. We’ve always wanted it like that from the start; yes, it would bring a lot economically but our focus is to be ready. We can’t compromise the cars in any way."
You’re going to compromise the cars without any cash in the wallet! Has chassis-builder Dallara even been paid?