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Jaguar R.I.P. - Ford pull out of F1

  • 17-09-2004 12:21pm
    #1
    Doctor J
    Closed Accounts Posts: 11,848 ✭✭✭✭


    Jaguar chairman Joe Greenwell said: "Ford has decided it can no longer make a compelling business case for any of its brands to compete in F1."


    9 teams left, provided Jordan and Minardi can make it through the winter.

    Are we witnessing the end of Formula 1?


Comments

  • #2
    Capt'n Midnight
    Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 93,552 Mod ✭✭✭✭Capt'n Midnight


    Ford have also plugged the plug on the Jaguar factory in Coventry.
    After 50 years, ~100 jobs to go - next year all that will be left will be the lads making the wooden panels for the interior.


  • #3
    Trojan
    Registered Users, Registered Users 2 Posts: 16,414 ✭✭✭✭Trojan


    http://news.bbc.co.uk/sport1/hi/motorsport/3665810.stm

    The company's withdrawal of backing for the Cosworth engine division will also have repercussions for two F1 outfits.

    Cosworth have provided subsidised engines for Jordan and Minardi in recent seasons, enabling the two minnows to continue in the sport, but that is now almost certain to end.


    It wasn't really a shock to me - they couldn't afford to be running around at the back of the grid with the likes of Jordan
    F1 boss Bernie Ecclestone on Jaguar's decision

    🎙️ The Recognized Authority Podcast



  • #4
    aphex™
    Closed Accounts Posts: 2,338 ✭✭✭aphex™


    Jaguar (and Toyota) have pretty amazing, massive factories. It's has to understand why they haven't been beating atleast the likes of Renault's, Willaiams' etc. I guess Jaguar just don't want to throw good money after the bad.

    If they were going on winning, they wouldn't be quitting. If they think they can never beat the likes of ferrari, where does that leave spectators?

    Also- Canpt'n midnight it's more close to 1,150 Jobs going :) . Unless you mean just the motorsport outfit, who i still think employ more than that, and haven't been around for 50 years [team orginally Stewart f1].


  • #5
    Doctor J
    Closed Accounts Posts: 11,848 ✭✭✭✭Doctor J


    They were spending about $180m per year on F1. Ferrari are spending approx $600m.


  • #6
    Devilman
    Closed Accounts Posts: 126 ✭✭Devilman


    Cant say that I'm surprised that Ford have pulled out.... it was either Jaguar or the WRC team and the WRC team is a more public face ( seeing a Focus challenge looks better than seeing a green cat struggle continuously ) and cheaper option for the blue oval..and Ford can't afford to haemorage any more cash as PAGs and Fords books have shown.

    Unfortunately I think its the end for Jardan and Minardi now too ( unless Supertec have a V8 engine hidden away that no-one knows about ).

    Is it the end for F1 though ?...Not just yet ..isn't there are provision for allowing the teams run 3 cars if there were less than 8 teams in the championship ? But if they dont drop costs and impose limits ( as unappealing as that may seem ) F1 will die a slow painful death, VW cannot afford to come into the championship and privateers will be frightened off.

    Maybe its time to introduce 2 championships ..a maufacturers and a privateers championship


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  • #7
    BrianD3
    Registered Users, Registered Users 2 Posts: 8,513 ✭✭✭BrianD3


    9 teams left, provided Jordan and Minardi can make it through the winter
    Contrast that with 15 years ago - the 1989 season.
    Number of teams who competed: 20
    Number of teams who scored points: 15
    Number of drivers who entered at least one race: 47
    Number of drivers who scored points: 29

    Now in fairness a lot of those teams and drivers were pretty crap (often failing to pre-qualify etc.) but at least they were able to turn up and make an effort to compete. And the high number of teams/drivers that scored points shows that many of them had some reward for these efforts. It just shows how much F1 has changed in the last 15 years.

    BrianD3


  • #8
    trekkypj
    Registered Users, Registered Users 2 Posts: 346 ✭✭trekkypj


    I think that with the demise of Jaguar's F1 programme, and the apparent loss of Cosworth as an engine supplier, that there will very soon be yet more crisis talks on the future of F1. No sport can survive long when it has lost so many teams in the last few years, unless major changes are forced through.

    And #1 on the list is that all engine makers are required to supply a second privateer team if the need arises. Not permitted, mind, obliged. Ferrari do it with Sauber, and I think if the rumors are true, that Toyota will do this also with Jordan.

    Minardi will have serious problems though... No Cosworths means no engine for them as I don't see any of the other manufacturers, (except possibly Toyota) supplying them with engines. A real pity too.

    Also, all teams should have their spending on the sport capped at ~$150 million so that teams like Ferrari can't buy success to the same extent.


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