Formula One news
Some Jag sponsors will stay
16 November 2004Most sponsors of defunct Formula One team Jaguar will not stay under new ownership in 2005, continuing principal Tony Purnell revealed. He said 'some' backers may maintain a presence on the new, colourful livery, 'but largely Red Bull Racing will be looking for a new set of sponsors.'
There may also be some interest in the new team from China, Purnell - who conducted a business trip in Shanghai and Beijing in early October - told a London press conference.
"Over the coming months," said the Englishman, "the potential Chinese deals will be unveiled."
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