"The transaction is expected to close near the end of 2003" to answer that question. That could continue to pose a hardship for the teams and venues.
I also find the absence of Russo and Motorock puzzling. Maybe Gentilozzi is carrying Motorock's flag in it, but it looks like Russo is out.
Pook seemingly answered one question: Liquidation was going to outweigh the 56-cent price offered.
But it does say OWRS can pull the plug anytime in the next eight days and can also pull the plug if Vannini sues.