Motor racing-Jaguar not for sale, says Ford

Newswire

By Will Gray LONDON, August 22 (Reuters) - Ford-owned Formula One team Jaguar is not for sale, the company's group vice president Richard Parry-Jones said on Thursday. The BBC reported earlier that Austrian Dietrich Mateschitz, boss of soft drink company Red Bull, was in talks with Ford's top-level management about buying the team, but the American motor giant denies it is on the verge of pulling out of the project. "Ford Motor Company management is not in negotiations and is not ...

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