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Old 14 Feb 2003, 11:57 (Ref:506362)   #1
Super Tourer
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Precarious future for Jaguar Racing?

Ford aims for cost cutting at Jaguar.

www.grandprix.com/ns/ns07767.html
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Old 14 Feb 2003, 12:20 (Ref:506390)   #2
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No surprise. They've pumped in millions (or could we say billions) into the operation for little reward. Ford expect results and would certainly not be happy trundling around mid-pack.

But once again this just proves money does not guarantee results.
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Old 14 Feb 2003, 12:33 (Ref:506412)   #3
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It also proves how fickle manufacturers are and how fragile any series that depends on them is.

So for all you techno-fantasists out there who are counting the days until the manufacturers own series starts up..... take note.
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Old 14 Feb 2003, 12:38 (Ref:506417)   #4
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Originally posted by f1manoz
No surprise. They've pumped in millions (or could we say billions) into the operation for little reward. Ford expect results and would certainly not be happy trundling around mid-pack.

But once again this just proves money does not guarantee results.

Interesting. How times change. Money guaranteed Ford results at Le Mans in the 60's
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Old 14 Feb 2003, 12:39 (Ref:506419)   #5
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Re: Precarious future for Jaguar Racing?

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Originally posted by Super Tourer
Ford aims for cost cutting at Jaguar.

www.grandprix.com/ns/ns07767.html
Are the Jaguar F1 team are related to the Jaguar group itself, though? Still, it'd be fair to say that Ford don't look particularly committed to that team. Also thought it was a little freaky (if expected) to see "Jaguar Cosworth" but "Jordan Ford" in recent test times.
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Old 14 Feb 2003, 13:04 (Ref:506446)   #6
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It also proves how fickle manufacturers are and how fragile any series that depends on them is.
Amen to that
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Old 14 Feb 2003, 13:08 (Ref:506454)   #7
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Re: Re: Precarious future for Jaguar Racing?

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Also thought it was a little freaky (if expected) to see "Jaguar Cosworth" but "Jordan Ford" in recent test times.
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Old 14 Feb 2003, 13:25 (Ref:506468)   #8
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Re: Re: Precarious future for Jaguar Racing?

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Originally posted by Testure
Are the Jaguar F1 team are related to the Jaguar group itself, though? Still, it'd be fair to say that Ford don't look particularly committed to that team. Also thought it was a little freaky (if expected) to see "Jaguar Cosworth" but "Jordan Ford" in recent test times.
One of Lauda's supposed tasks at Jaguar was to make Jaguar Racing self supporting, therefore not reliant totally on Ford, but in the current climate that simply was not achievable. Don't forget Cosworth (Ford) also lost money on their engine programme due to Arrows.

I think it was pretty much touch and go whether Ford pulled the plug this year anyway, and Jag are in the last chance saloon.

Take a look around Ford's motorsport this year - Volvo pulled out of the ETCC, had to let McRae and Sainz go in the WRC team to save budget.

When you are allegedly losing $1 Billion a year and cost cutting is moving at a snails pace, frippery like F1 is easy to cut out.

This is why Max is right to seek and protect the privateer's, as with the car makers you are always on a knife edge - one bad board meeting or balance sheet and it's see ya!
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Old 14 Feb 2003, 15:17 (Ref:506579)   #9
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This is the 3rd or 4th time in recent months that theyve cut the budget. Theyre permanent backmarkers and its getting worse, just get out now.
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Old 14 Feb 2003, 15:25 (Ref:506584)   #10
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yeah let them be sold to someones who wants to invest in F1.
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Old 14 Feb 2003, 16:00 (Ref:506603)   #11
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Originally posted by neilwaynesmith
It also proves how fickle manufacturers are and how fragile any series that depends on them is.

So for all you techno-fantasists out there who are counting the days until the manufacturers own series starts up..... take note.
Truer words were never spoken.
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Old 14 Feb 2003, 16:42 (Ref:506643)   #12
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yeah let them be sold to someones who wants to invest in F1.
Like who, for example? The long line of people/organizations/consortiums that were rumored to be saving Arrows?

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Old 14 Feb 2003, 17:12 (Ref:506674)   #13
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Cosworth get 80% of the $48m they spend on their engine program back - Minardi and Jordan are paying a lot of money for the privilege of having a Ford lump in their rear ends.

Jaguar's budget is only about $80m sans Cosworth - that's not a lot to be honest. If Ford think they need to get a lot cheaper they ought to be doing the Soapbox Derby.
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Old 14 Feb 2003, 17:30 (Ref:506708)   #14
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A similar thread is on right now, jaguar is second from the bottom, no wonder they are where they are. I don't think ford has put in as much money as people think

F1 budgets thread
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Old 14 Feb 2003, 17:33 (Ref:506714)   #15
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I know. I just wrote it.
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