Jaguar Racing (Formula One)

Uncommon card · No. 168278

In June 1999, Jaguar's then-parent company, American automaker Ford, purchased Jackie Stewart's Stewart Grand Prix Formula One team for a price variously reported at £65 or £100 million. Ford was already a minority investor in the Stewart outfit and supplied the team with free of charge engines through its then-subsidiary Cosworth. It renamed the team to Jaguar in September 1999. Ford announced a $400 million project to build a unified facility in Silverstone for its engine and constructor operations, but these plans never came to fruition, and Jaguar remained in Milton Keynes. The team operated for five seasons, from 2000 to 2004. During this period, The Times estimated that Ford spent £500 million on the team and incurred significant operating losses. Due to Jaguar's combination of works-team backing and limited success, it was deemed a major flop. Looking back in 2023, Motor Sport wrote that Jaguar was "one of the most high-profile failures in F1," with "a revolving door of management...

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