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Jaguar scraps $1-million Williams supercar project

Dec.12 Plans for a $1 million hybrid Jaguar supercar to be built in collaboration with Williams F1 team have been scrapped. In 2011, it was announced the famous Oxfordshire based team had teamed up with the Tata-owned British carmaker Jaguar to create the 200 mile per hour, ultra low-emission C-X75. In May of that year, the now-ousted Williams chairman Adam Parr said the deal was 'fundamental to understanding our business going forward'. 'A core element of the strategy set out to investors … was a partnership with a leading car manufacturer,' said Parr. 'Our new association with Jaguar Land Rover demonstrates the strategy is on track.' According to Autocar, however, Jaguar has axed...
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