JANUARY 9, 2001

AT&T announce three-year Jaguar agreement

DATA communications company AT&T have agreed a major three-year global sponsorship deal with the Jaguar team.

The sponsorship arrangement was announced at the launch of the Jaguar Racing 2001 Formula One team's new R2 car at Whitley, near Coventry.

Speaking at the event, Jaguar-Racing's CEO Bobby Rahal said: "AT&T is a global company with exactly the right skills and resources to support us. We look forward to expanding our relationship with them.

"In fact we are currently working with AT&T to establish a network that will allow us to communicate from all 17 Grand Prix sites in 14 countries to our headquarters in Milton Keynes, our design teams at Cosworth and to Ford in the US."

Rick Roscitt, president of AT&T Business, commented: "We are very excited about this relationship with Ford and Jaguar. AT&T is fast, focused, flexible and boundless... all attributes you associate with the most technologically complex sport in the world.

"The sponsorship is a natural fit for us because AT&T Business provides companies like Ford and Jaguar with global networking solutions in order to stay ahead in the fast-paced global economy."