Ford and Jackie Stewart announced a five-year agreement to form a new Grand Prix team


Friday 5th January 1996

Ford and Jackie Stewart announced a five-year agreement to form a new Grand Prix team. The team competed in F1, as the Ford works-supported team, for only three seasons, from 1997 to 1999. The 1999 season was by far its strongest, yielding one win (Johnny Herbert at the European Grand Prix) and one pole position (Rubens Barrichello at the French Grand Prix) en route to finishing fourth overall in the Constructors Championship. At the end of 1999, Ford bought the team outright and it was renamed Jaguar Racing. In 2004 Jaguar Racing was sold to energy drink company Red Bull GmbH and was rebranded Red Bull Racing in 2005.


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