Jaguar Racing were a British constructor which competed in the Formula One World Championship from 2000 to 2004. Formed when Ford bought Stewart Grand Prix team in 1999, Jaguar would finish seventh in the World Constructors' Championship in 2002, 2003 and 2004, claiming a best race finish of 3rd at both the 2001 Monaco Grand Prix and 2002 Italian Grand Prix. At the end of 2004, the team was sold to the Red Bull company to form the Red Bull Racing team. Jaguar Racing would later be revived by Jaguar Cars when they endeavoured to join the Formula E Championship in 2016.