Formula One news

Jaguar cost $55m - report

Formula One team Jaguar cost new owner 'Red Bull' more than $55 million, according to a British newspaper.

'The People' said, unlike speculation that a nominal fee - such as $1 - would be sought so long as the drink brand could guarantee Jaguar's future, Ford's price tag would 'shock' other team principals.

It sheds some light on 'why the team ... struggled to find a buyer,' the tabloid newspaper report read.

more news

• 25 Nov.
  • Gillett disappointed with government position
  • Mercedes hopes to confirm line-up by Christmas
• 24 Nov.
  • Briatore verdict expected in January
  • Donington still hopeful over F1 race
  • Montreal race confirmation imminent
  • Massa names drivers for karting event
  • Campos car passes FIA safety tests
  • Strong test could seal drive, says Mallya
  • Force India to test di Resta and Hildebrand
  • Courts to hear Briatore case
  • Silverstone GP deal forthcoming
• 23 Nov.
  • GPUpdate TV: Sam Michael - building on 2009
  • Theissen waiting on entry decision
  • Mercedes delighted with Rosberg confirmation
  • Confirmed: Rosberg to Mercedes for 2010
  • Manor hoping to run in late January
  • Mercedes poised to announce first driver
  • Kobayashi: I expected to be re-signed
  • Nakajima future in Toyota's hands
  • Klien still hoping for 2010 seat
  • McLaren line-up will work, says Ecclestone
  • López: USF1 deal coming next week
• 22 Nov.
  • Photos: 2009 Toyota Motor Sports Festival
  • Vettel surprised by Button team switch
• 21 Nov.
  • Mercedes: No Schumacher drive with us
  • López close to USF1 deal
  • Options open for Bourdais
• 20 Nov.
  • FIA was using new teams, says Lola
  • Rossi and Newey to contest endurance race
  • Wolff: Worth of privateers on the up
  • Equity sale for 'private motives' - Williams
  • USF1 considering 12 drivers
  • Photos: SKUSA karting event, Las Vegas
  • Buemi and Schumacher to kart in Las Vegas
  • Clock ticking for Silverstone
  • Williams sells first shares
  • Official: Bianchi handed Ferrari test
  • My door is open, says Trulli
  • Button: I needed a new challenge
• 19 Nov.
  • Brawn 'very disappointed' with Button outcome

Homepage