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  • No, he said they’d get their Sept-Nov wages from the bank guarantee, which is his money that he’s paid the UCI as part of his contractual obligations. For reasons which are unclear, there has been a delay in that money being paid out by the UCI. We don’t know if that is due to the UCI or Aqua Blue/Delaney, but the money is there to pay them.

    It’s quite common that when a team closes they request the UCI to pay the last three months wages from the guarantee.

  • If you're shutting a company down it makes sense to use that rather than inject more of your own money then try to recover it.

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