(GMM -- Nov.5) The fate of embattled Formula One team Jaguar is in the hands of carmaker seller Ford, the Red Bull drink company said Thursday.
Motor sport 'advisor' Helmut Marko told British magazine Autosport that 'an offer' to buy Jaguar is on the table.
But he said: ''Alas, Ford seem to have been unable to clearly react (to the offer).''
The Autosport report said Red Bull has met all of Ford's 'financial requirements' but still the US carmaker is 'reluctant to agree.'
Jaguar will probably run an all-black livery, and 2004 racer Christian Klien, if it resumes post-season testing at Barcelona later in November.
Written: Fri, 05 Nov 2004 12:58:42
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