Motor sport chiefs have delayed taking any action over Formula One team Arrows, which looks certain to miss a third successive race in Italy this weekend.
But the English team have been warned that if their absence is proved to be through insolvency then they would lose their rights to compete in the World Championship under the secret Concorde Agreement that governs the sport.
Arrows claimed that they could not compete at the last race in Belgium a fortnight ago because the deal to sell the team to an American billionaire could not be completed on time.
But no sale has been agreed since Belgium and the Arrows trucks have not arrived at the Monza track with pre-race scrutineering due to take at 4pm local time this afternoon.
"The FIA have noted the continuing failure of Orange Arrows to participate in recent Formula One events," said a FIA statement.
"If failure was due to insolvency Arrows would lose its rights under the Concorde Agreement. However, at present the FIA has no hard evidence that Arrows' absence is due to insolvency rather than to some other cause.
"In the circumstances, the FIA intends to wait until various negotiations and proceedings relating to Arrows have been concluded before considering any formal action."
Arrows could apply for a postponement of scrutineering until tomorrow morning but it looks certain that they will miss the final European round of the season.
Tom Walkinshaw's team also missed Hungary as well as Belgium, when they claimed force majeure, and failed to qualify for France.
Arrows won a stay of execution earlier this week when the Leeds Crown Court agreed to postpone any hearing concerning the team's future for 28 days following a winding-up order by Champion Recruitment Ltd.
But it is understood at least four other individuals or parties are persuing winding-up orders including former drivers Heinz-Harald Frentzen and Jos Verstappen.
Frentzen, who quit the team in July because of the financial uncertainty, is reported to be owed around Stg£85,000 while Verstappen is believed to be claiming £1.7million saying Walkinshaw did not honour a contract to drive for them this year.