Jag and Cosworth sold
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US carmaker Ford has sold Formula One team Jaguar and engine supplier Cosworth, it announced Monday. Cosworth was bought by Champ Car co-owners Kevin Kalkhoven and Gerald Forsythe, while Milton Keynes-based
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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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The BAR-Honda Formula One team is up for sale. However, a spokesperson says the move is procedural in order to facilitate a new partnership between engine parter Honda and team owner British American Tobacco.
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Austrian energy drink firm Red Bull has  taken over the Jaguar Formula One team from Ford, Red Bull's  owner told a newspaper Sunday.
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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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The jet-powered car Richard Hammond was driving when he crashed in North Yorkshire has been put up for sale.
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US automaker Ford says it is pulling its Jaguar Formula One team out of the auto racing circuit at the end of this season. Jaguar&#39;s chairman said the company does not believe it makes business sense to continue operating in Formula One.
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The British Grand Prix looks all set to be saved from the axe later today, after a last-minute deal was brokered between Silverstone&#39;s bosses and Formula One chief Bernie Ecclestone.
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Ford confirms that India's Tata Motors will be the likely buyer of its UK-based Jaguar and Land Rover brands.
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FORD sold its Jaguar Formula One team on the cheap to ensure that they were guaranteed survival and a multimillion-pound budget that will allow them to flourish.
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AUDI, the German car manufacturer, has appointed Lazard, the merchant bank, to sell Cosworth Technology, its specialist commercial engine maker for about Â£50m.
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LONDON  - McLaren discard David Coulthard looks set to be offered a way back into Formula One for the 2005 season as a driver with the new Red Bull Racing team.
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Ford predicted a bright future for the Jaguar Formula One team on Monday after completing the sale of the racing outfit to energy drinks company Red Bull.
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The Ford Motor Company has confirmed that Red Bull is the new owner of Jaguar Racing and that Tony Purnell will stay on with the team to run operations.
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Motorsport.com. Ford has announced that Jaguar will be withdrawn from Formula One at the end of the 2004 season and the F1 business will be put up for sale.
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Formula one was thrown into crisis yesterday when the Jaguar team were put up for sale by their owner Ford along with Cosworth Racing, the Northampton-based specialist which also supplies engines to Jordan and Minardi.
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Ford have had strong interest in their Jaguar Formula One team but will only sell to a buyer offering real hope for the future, according to boss Tony Purnell.