Friday 29th October 2004

Mansell's company bids to buy Jaguar

Could the British team be saved by F1 hero?

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Rumour has it that marketing company Brand Synergy, of which British ex-F1 driver Nigel Mansell is a board member, is making a secret bid to buy the Jaguar Racing F1 team.

Sources apparently say that a consortium associated with Brand Synergy, which was recently involved in a bid to save the British GP at Silverstone, has lodged interest at the bank which is managing the sale of both Jaguar's F1 racing organisation and Cosworth.

Rumours suggest that Brand Synergy's bid is for both companies, to which the buyer must commit funding for several years, as well as stumping up the up-front price.

Meanwhile, as you'd expect, Jaguar is keeping schtumm, and refusing to comment. It's "inappropriate", says a team spokesman.

There's more information here: www.autocarmagazine.co.uk/sport_news_article.asp?id=40571&s=5

[Sgt^Roc]

Go Nigel