December 20, 2004

Jackie Stewart ends 40-year relationship with Ford

Detroit, Michigan – Ford Motor Company’s 40-year relationship with Grand Prix racer-turned-businessman, Sir Jackie Stewart, draws to a close at the end of the year. Stewart and Ford have agreed to conclude their formal association which began in 1964 when the up-and-coming Scottish racing driver was given his first contract to promote Ford products in Britain.

“I’m 65 years old and it’s the right time for me and Ford to start a new chapter with new challenges,” said Stewart. “I’m busier now than ever, but serving a global player like Ford the way I have requires an intensive personal time commitment that is becoming more and more difficult to manage among my other commitments. We both believe this is a good time to stop rather than compromise.”

Stewart rose to fame by winning three Formula One world championship titles with Ford power in 1969, 1971 and 1973. He then transformed his career into that of a high-level consultant to Ford and other top companies world-wide.

“Jackie Stewart has made a tremendous impact on Ford globally,” said Edsel B. Ford II, a member of the board of directors and the great-grandson of Henry Ford, founder of Ford Motor Company. “He has been much more than a consultant because he became so immersed in our business and our product-development processes, bringing his passion for excellence, his eye for detail and his charisma to Ford people and customers around the world. Now, as Jackie’s career enters a new chapter, we salute him and thank him for being such a great Ford ambassador.”

Stewart was awarded the United Kingdom’s Order of the British Empire in 1971 and knighted in 2001.

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