F1: Red Bull snaps up Jaguar
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Drink company Red Bull steps in to buy Jaguar hours before its closure deadline.
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Jaguar and parent company Ford are pulling out of Formula One racing at the end of this season after just two top-three finishes since joining the circuit in 2000.
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The owner of the new Red Bull team, Austrian tycoon Dietrich Mateschitz, said today he has a deal for the Scot next season, which starts in Melbourne in March.
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Red Bull Racing have asked international Formula 3000 champion Vitantonio Liuzzi to test for them later on this month. The soft drinks company, who bought Jaguar earlier this week, funded the Italian driver last season.
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THE ink will be drying today on the deal to save the Jaguar Formula One team, if last-minute negotiations are completed. The new owners are to be the ambitious Red Bull soft drinks conglomerate
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Jaguar will pull out of Formula One at  the end of 2004, with parent company Ford's engine maker  Cosworth also up for sale.
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David Coulthard is testing for the Red Bull Racing team this week in what looks like a move back into Formula One. The 33-year-old has been without a drive since he was ditched by McLaren in favour of Colombian
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Sweden&#39;s Bjorn Wirdheim has pulled out of the race to claim a drive with the new Red Bull team for the 2005 season. Wirdheim, who tested for Jaguar last season, had been expected to take part in Red Bull&#39;s first test in Barcelona.
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Coulthard, whose McLaren contract expires at the end of this year, tested with the Austrian-owned team in Spain recently, easily outpacing Red Bull hopefuls Christian Klien and Vitantonio Liuzzi.
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FORD predicted a bright future for the Jaguar Formula One team after completing the sale of the racing outfit to energy drinks company Red Bull.
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VIENNA : Former world champion Niki Lauda has urged new Jaguar owners Red Bull to hire British Formula One pilot David Coulthard next year.
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The future of the Jaguar Formula One team is expected to be announced later this week when a decision is taken over offers made to buy the outfit.
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Wirdheim was Jaguarâs reserve driver in 2004 but did not figure in new team owner Red Bullâs plans. The Swede has therefore been released from his contract a month ahead of schedule by âmutual agreementâ.
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Jaguar will pull out of Formula One at the end of 2004, with parent company Ford&#39;s engine maker Cosworth also up for sale. Ford&#39;s bombshell announcement on Friday has huge
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Red Bull will not be rushed into any decision about drivers after buying the Jaguar Formula One team on Monday, says team boss Tony Purnell.
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The American dream of Red Bull boss Dietrich Mateschitz has been given wings by his purchase of Jaguar on Monday. The Austrian billionaire has been involved in Formula
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The new formula one team rose from the ashes of Jaguar Racing when the energy drink maker announced yesterday its long-awaited takeover of the British team, which was put up for sale by Ford two months ago.