Formula One faces turmoil as Jaguar reach end of the road

FORMULA One was yesterday thrown into chaos with news of Jaguar’s decision to quit the sport.

The team, owned and run by Ford, have struggled ever since emerging from the Stewart outfit in 1999 with a high-budget, high-profile entry into Formula One.

Ford yesterday took the decision to pull the plug on the team at the end of the season and have set up a difficult few months for the sport by withdrawing their backing for the Cosworth engine division.