Tuesday 6th February 2001
Niki Lauda was appointed CEO of Ford’s premier performance division. Essentially this meant that he would act as a middleman between the Jaguar F1 team and the company’s board in Detroit, streamlining and speeding up its decision making process. However, the restructuring didn’t prove successful and the team continued to run in the middle of the pack. Lauda and Ford parted ways in 2003.