Ford’s ‘extravagances and squandering’
American marque to blame for Jaguar’s demise

(GMM -- Nov.3) US carmaker Ford's latest Formula One programme failed because it was not headed by the 'right management.'

That's the claim of 1964 world champion and 70-year-old Briton John Surtees.

He said Ford 'squandered money' but does not blame front-line F1 management including principal Tony Purnell and Jaguar managing director David Pitchforth.

''(They) tried so hard to turn things around,'' Surtees wrote in a vodafoneracing.com column, ''but were so restricted by the extravagances and squandering of wealth that went on before them.''

The two and four-wheeled racing legend, though, said Great Britain, in particular, 'should thank' both Ford and Cosworth for its $34 billion motor sport industry.

Written: Wed, 03 Nov 2004 09:04:12

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