(Letter addressed to newsletter recipient)
As you will be aware, Red Bull, the Austrian energy drink company, has bought the Jaguar Racing F1 team just hours before the deadline for entering a team in next year’s F1 World Championship.
The deal safeguards 340 jobs at the team’s Milton Keynes HQ and means there will be 10 teams on the F1 grid next season, which is great news for the sport.
The new Red Bull team will use engines made by Cosworth, which Ford confirmed it had sold to Kevin Kalkhoven and Gerald Forsythe, U.S. Champ Car co-owners.
“I am really pleased that Red Bull has bought Jaguar Racing” commented Richard Parry-Jones, Group Vice President-Global Product Development and Chief Technical Officer, Ford Motor Company. “I am re-assured that we have sold our F1 businesses to new owners who have long histories in the sport and want to take these great companies forward. I am very pleased to announce this outcome”.
Parry-Jones concluded by personally thanking all who have been associated with Jaguar Racing’s success story including you, the fans.
As Jaguar Racing has now been sold, the jaguar-racing.com website and Club will close on Friday 19th November 12 noon GMT. We hope that you have enjoyed visiting this site over the last five seasons and being a member of the Club.
We trust that you will want to be kept informed of forthcoming developments at Jaguar. The brand has a fine heritage and an exciting future. On joining the Jaguar Racing Club you may have opted to receive further information from Jaguar Cars. We would be delighted to keep you updated on our products and services, but if you do not wish to receive this information, please click here.
Under data protection laws, we would not directly pass your information on to the new team, but we recognise that many of you will want to follow closely the progress of the team down at Milton Keynes under its new guise, Red Bull Racing. As yet, there are no specific plans in place for a Red Bull Racing Club, but if you want to be kept informed of any such developments, please click here.
Finally, all at the Jaguar Racing Club would like to add their sincere thanks for your loyal support of the Jaguar Racing team and we wish you all the best for the future.
Jaguar Racing Club