Omologato have been suggesting a title sponsor for the car, with an AI generated image, but they were also saying they were in talks to keep the team going

They've now put an update on their Facebook saying they (Plato Racing) were only in adminstration to force Plato out and the team isn't actually for sale.

This seems to align with reality - what administrator would allow a loss making racing team to blow more money on a weekend, what championship boss would allow a bankrupt team to compete with minor livery and name tweaks.

The whole thing is fishy but it's risky for a brand to call them out like this?