DECEMBER 4, 2002

The cuts at Jaguar Racing

A total of 74 staff have been cut at Jaguar Racing in recent days with the major victims being the chief aerodynamicist Mark Handford, the chief engineer Vincent Gaillardot and production manager Colin McGrory.

A total of 74 staff have been cut at Jaguar Racing in recent days with the major victims being the chief aerodynamicist Mark Handford, the chief engineer Vincent Gaillardot and production manager Colin McGrory (who has been with the team since the early days of Stewart Grand Prix). We understand that the electronics group lost 20 staff members and that there have also been 20 jobs lost at Cosworth Racing. There are expected to be a few further cuts in the administrative staff but these have yet to be decided.