MINI2 - MINI Forum - View Single Post - Jaguar ends car production in Coventry & withdraws from Formula 1

Hat · Sep 17th, 2004, 12:35 PM

also...

Quote:

Jaguar is pulling its team out of Formula One at the end of this season.
The company made the announcement on Friday as part of a major shake-up by parent company Ford.

Jaguar chairman Joe Greenwell said: "Ford has decided it can no longer make a compelling business case for any of its brands to compete in F1."

Reports suggest Tony Purnell, head of Ford's premier performance division, is putting together a bid to buy Jaguar's Formula One operation.

Jaguar's F1 businesses are now up for sale, and the future of the Ford rally team remains uncertain despite their decent performances in this year's WRC.

Sep 17th, 2004, 12:35 PM	#2
Hat ITS RAINNIN' SIDEWAYS My Classifieds Join Date: Oct 2002 Local Time: 12:41 PM Posts: 15,930 Offline	also... Quote: Jaguar is pulling its team out of Formula One at the end of this season. The company made the announcement on Friday as part of a major shake-up by parent company Ford. Jaguar chairman Joe Greenwell said: "Ford has decided it can no longer make a compelling business case for any of its brands to compete in F1." Reports suggest Tony Purnell, head of Ford's premier performance division, is putting together a bid to buy Jaguar's Formula One operation. Jaguar's F1 businesses are now up for sale, and the future of the Ford rally team remains uncertain despite their decent performances in this year's WRC.