Jaguar Racing sold to Red Bull
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There will be at least 20 cars on the Formula One grid to start the season in 2005. Energy drink maker Red Bull has completed the purchase of the Jaguar Racing team from automaker Ford.
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London - Tony Purnell, the man who will act as team principal of the new Red Bull Racing team, described the energy drinks company&#39;s buy-out of Jaguar as &quot;terrific&quot; on Monday.
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Sweden&#39;s Bjorn Wirdheim, who was Jaguar Racing&#39;s test and reserve driver will not be continuing with Red Bull Racing. Wirdheim had been due to run in the test at Barcelona and at Jerez but the team has now decided to continue with Vitantonio Liuzzi.
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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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High-octane energy drink Red Bull thinks it can go faster on the racetrack than Jaguar. The beverage in the tiny can bought Jaguar&#39;s celebrated Grad Prix team from Jaguar&#39;s
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David Coulthard has been given a one-year contract to drive with the newly formed Red Bull racing, reports suggest. The Scot was in danger of being without a drive after leaving McLaren at the end of the season
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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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The BAR Formula One team has officially been put up for sale by administrators Simon Morris and Andrew Hosking - but only to aid the restructuring of the team that will see Honda take a 45% stake in the Brackley based outfit.
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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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Following our previous report, based on claims being made by an Austrian News Agency, Pitpass can now confirm that David Coulthard has signed a one-year deal with Red Bull Racing.
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Very much as expected, Austrian energy drink company Red Bull - a sponsor during the 2004 season - has bought Jaguar Racing from Ford Motor Company.
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The American dream of Red Bull boss Dietrich Mateschitz has become reality with his purchase of Jaguar. The Austrian billionaire has been involved in Formula One for a decade
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SAO PAULO, Brazil : 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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Austrian energy drink makers Red Bull said on Monday they had bought the Jaguar Formula 1 motor racing team from Ford who withdrew the team after this year&#39;s world championship.
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Three-time world champion Niki Lauda says Formula One&#39;s new team Red Bull Racing should sign up David Coulthard. Austrian energy drink maker Red Bull bought the Jaguar team from Ford earlier this week, and
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Racing supremo Bernie Ecclestone today described the withdrawal of Jaguar from Formula One as no surprise. The struggling team&#39;s future was in doubt after fears that it had struggled to find the money needed to compete in the cash-driven sport.
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Formula One team Jaguar will race next season after being taken over by beverage company Red Bull on Monday. Ford said Austrian-based Red Bull GmbH had paid an undisclosed fee for Jaguar.