McLaren, Jaguar Racing express frustration

Magny Cours, Saturday June 30th 2001, 17.00 CET: McLaren and Jaguar Racing today jointly expressed their great frustration at inaccurate and misleading reporting of their now settled dispute in respect of the services of McLaren ...

Magny Cours, Saturday June 30th 2001, 17.00 CET: McLaren and Jaguar Racing today jointly expressed their great frustration at inaccurate and misleading reporting of their now settled dispute in respect of the services of McLaren International Technical Director Adrian Newey.

On 13th June 2001 McLaren and Jaguar Racing issued a press release in which it was confirmed that an amicable settlement had been reached. Subsequent to that there has been much ill informed and sensationalist media speculation as to the background and terms of what was, and remains, a confidential and perfectly amicable settlement. In particular, McLaren and Jaguar Racing have had sight of a lengthy article in 'Formula One Magazine' to which neither party nor Adrian Newey contributed, that purports to be an in-depth investigation into the whole matter involving a number of journalists. Without wishing to undermine the confidentiality of their settlement, McLaren and Jaguar Racing wish to point out that the article was fundamentally inaccurate in its reporting of both the background to, and terms of, the settlement reached.

The magazine also contains an attributed editorial column by Niki Lauda which attributes to Mr. Lauda the statement:

"There have been many incorrect descriptions of the affair in other publications but as always you can read the real situation in this issue of Formula One Magazine."

This statement gives the impression that Niki endorses the content of 'Formula One Magazine' as being accurate and, in particular, the article referred to and an editorial by Publisher Tom Rubython. Niki has confirmed that this sentence was not approved by him and he does not regard the 'Formula One Magazine' article as being accurate. It is regrettable that 'Formula One Magazine' chose to attribute remarks to Niki Lauda which he did not make

McLaren and Jaguar Racing intend to make no further comment in respect of this matter.

-McLaren

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About this article
Series Automotive , Formula 1
Drivers Niki Lauda , Adrian Newey
Teams Jaguar Racing