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Motor racing-Ford exit shows F1 must cut costs, says BMW boss

Newswire

By Alan Baldwin

LONDON, Sept 17 (Reuters) - Formula One must make cost-cutting a priority after Ford's decision to quit Formula One and put its Jaguar team up for sale, BMW motorsport director Mario Theissen said on Friday.

"We regret Jaguar's decision to pull out," he said.

"This and the discussions of the ...

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