 The Jaguar F1 program was not a success however, achieving only two podium finishes in five seasons of competition between and .At the end of 2004, with costs mounting and Ford's profits dwindling, the F1 team was seen as an unneeded expense and was sold to Red Bull energy drinks owner Dietrich Mateschitz, and it became Red Bull Racing.On 15 December 2015, it was announced that Jaguar would return to motorsport for the third season of Formula E.

On 15 June 2018, Jaguar Vector Racing broke the world speed record for an electric battery powered boat.