Bankrupt Formula One racing team Arrows will auction off its equipment, including some racing cars, at a sale later in June.

The auction, originally scheduled for March, will be at the team's former headquarters in Leafield on June 18 and 19. The sale will include two Renault Hospitality buses, an Arrows three-seater hospitality racing car, and five Arrows A23 race cars, plus branded Arrows memorabilia such as caps, jackets, and overalls, as well as engines, gearboxes and technical equipment.

An unregistered Jaguar XJ220 sports car will also be sold, although it has never been the property of Arrows or the failed racing team's former owner Tom Walkinshaw.

Arrows went into receivership with the loss of 250 jobs at the beginning of the year.

It shared its Leafield site with sister company TWR Engineering, which engineered and helped develop the Jaguar XJ220, which was last month bought by American firm Menard-Cheever.

International commercial auctioneers Dovebid Bache of Birmingham will conduct the sale. Buyers can bid at the auction, either in person or on the web, by logging on to www.dovebid.com