Decisions in the World of Formula 1
With Formula one’s team submission deadline looming, the future of the Jaguar team hung in the balance. That was until today, when Austrian owned drinks company, Red Bull, stepped in and rescued Jaguar from motorsport extinction. The new Red Bull Racing team’s tyre choice remains unclear.
At the same time as selling the Jaguar team, Ford has also sold engine manufacturer and Formula 1 supplier, Cosworth, to Mr Kevin Volkhoven, known for his associsiton with the Champcar series. Cosworth will supply Red Bull Racing with engines, while Minardi will receive identically constructed engines. Minardi however, will use old Cosworth engines for the first four races of next season. Jordan, a team that also had a question mark over which manufacturer would supply its engines, will now be supplied by Toyota.