August 2002

Ford to stay with Jaguar Racing

24 August 2002: Ford has denied reports that its Formula 1 Jaguar team is for sale. This follows speculation that Ford's new engine alliance with Jordan for the next three years meant the death-knell for the struggling big cat team.

But a spokesman for Ford's boss of Formula 1 reported that the company 'is not planning' the sale of Jaguar Racing.

But it looks likely that a 'shoot-out' between Jaguar and Jordan over the next year may decide which company will get full works backing from Ford in the future.

Jaguar got just three points this season so far, while Jordan is on seven.

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- Trish Whelan