Craig Pollock today. December 17th, announced that he is stepping down as Managing Director and Team Principal of British American Racing. Craig has decided to pursue other interests.

The Team intends to announce the identity of Craig's successor at the new car launch on Tuesday 18 December.

Kenneth Clarke, B.A.R Chairman, commented: "We are all grateful to Craig for his contribution to the Team since its inception. He has been pivotal in enabling B.A.R to become one of the most successful start-up teams in recent Formula One history."

Craig Pollock commented: "I am extremely proud of what has been achieved at British American Racing. I believe the foundations have been laid for great success. All the staff have been fantastic to work with and I wish the Team every success for the future. For my part I think the time is now right to explore new opportunities."

More details regarding this announcement will be available at the team's launch of the 2002 car on 18 December 2001, which will proceed as planned.