MARCH 25, 2003

Jaguar's deal with Pioneer

Jaguar Racing has just concluded a multi-year technical partnership with Pioneer Automotive Electronics Sales Inc.

Pioneer has more than half a decade of previous involvement with Formula 1, notably with Ferrari.

The Pioneer Corporation dates back to 1938 when it was established as a radio repair shop and has grown into a world leader in digital entertainment products and a leading player in the consumer electronics industry with a strong tradition for innovation. The company is a big player in the United States and has a strong presence on the US racing scene.