 Development of the C292 was underway, as was construction of a new set of Flat-12s.However, after various faults in the construction of the engines in 1991, further problems led to large monetary losses for the company, forcing them not to return for 1992.Jaguar, who had been in sportscar racing with the XJR project since 1984, and were not completely happy with the performance of the XJR-14 during the 1991 season, had already announced their departure from the series.