Red Bull outline initial team plans 16 Nov 2004
Red Bull Racing, formerly Jaguar Racing, will begin their first Formula One test in Barcelona next week with an interim car and livery, the team have revealed.
Within their purchase of Jaguar from Ford, Red Bull has acquired the entire UK-based Formula One team, including its headquarters in Milton Keynes and wind tunnel facilities in Bicester and Bedford.
Red Bull has also asked the current management under team principal Tony Purnell and managing director David Pitchforth to remain and plans are already underway for the formal re-launch of the team under its new identity.
After a period of uncertainty this is a great day for the team and for Formula One, said Purnell. Red Bull has been a sponsor of Jaguar Racing for the past year and the decision to move from being sponsor to team owner demonstrates the extent of its commitment to promoting Red Bull through Formula One.
I am delighted for everyone in the team and would like to thank them for their loyalty, continued hard work and patience during the sales process. With Red Bulls support we can now build on the progress already made by the team over the last two seasons and look forward to a bright future.
The Barcelona test on November 24-26 will be followed by two further sessions at Jerez on December 1-3 and 8-11. Drivers for the tests have not been confirmed, but Red Bull-backed Christian Klien, who raced for Jaguar this season, is expected to be among them.
Red Bull says it is currently in negotiations with potential backers and brand partners for the future. The teams first Cosworth-powered car, plus its 2005 driver line-up and sponsors, will be presented in the New Year.