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JAGUAR
ANNOUNCES FORMULA ONE PLANS Sorry if this is boring but don't blame me I just copied and pasted it. Jaguar
is to enter the FIA Formula One World Championship. Jaguar's first race as
Formula One entrants will be the first round of the FIA World Championship - the
Australian Grand Prix in Melbourne in March next year. "Jaguar
has a long and distinguished record in motor sport," said Dr. Reitzle.
"We have won Le Mans seven times and we have twice been world sports car
champions. We have also won the Monte Carlo rally as well as countless other
events. The next logical move is Formula One." "The
move into Formula One will undoubtedly benefit Jaguar technologically. It will
also clearly promote a wider global recognition of the Jaguar brand as we
significantly expand our product range over the next few years." Jaguar's
decision to enter Formula One came after Ford Motor Company purchased the
Stewart-Ford Formula One team in June. Prior to purchasing the team Ford had a
long-standing technical relationship with the Milton Keynes-based Stewart team.
The team will now be renamed Jaguar Racing. Engines
for the team will continue to be designed, developed and built by Cosworth
Racing. Cosworth Racing, which is based in Northampton, U.K. is wholly-owned by
Ford Motor Company. Trevor Crisp, Jaguar's Group Chief Engineer for power train
engineering has been appointed Managing Director of Cosworth Racing and will
head up the Formula One engine development programme. Trevor Crisp will take
over from Dick Scammell, who has made a major contribution to the development of
the Ford Cosworth racing engines over many years. Dick has announced his
intention to retire after a lifetime in the motor racing industry. Jackie
Stewart, founder of the Stewart-Ford team will continue as Chairman and Chief
Executive Officer. "Jackie is a legend in motor racing," said Dr. Reitzle. "And I am delighted that he will remain with the team. His invaluable experience will be of enormous benefit to Jaguar Racing."
Jackie
Stewart said: "When Ford bought the Stewart-Ford Team, I had always hoped
that Jaguar would become involved in the Formula One programme. My family were
Jaguar dealers in Scotland, my brother Jimmy raced for Jaguar and some of my
earliest racing successes were with the lightweight Jaguar E-Type and several
other models. I have a great fondness for the company and I look forward to
helping Jaguar Racing achieve its very clear ambitions in Formula One." Paul
Stewart, currently Chief Operating Officer of Stewart Ford, will continue in
that role at Jaguar Racing.
IRVINE SIGNS WITH JAGUAR RACING FOR 2000 SEASON |
