After much speculation and denial Bobby Rahal has announced that he would indeed be moving across the Atlantic to run the Jaguar Formula 1 racing team.
Rahal, currently acting head of CART, will retain his two-car Champ Car team with current drivers Max Papis and Kenny Brack in the U.S.
Similar to Jackie Stewart (the original founder of the Jaguar team when it began its life as Stewart Racing) Rahal has turned to team management following a hugely successful driving career.