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![Hundreds of jobs were safeguarded today when Jaguar sold its Formula One racing car and engineering businesses. Austrian energy drinks firm Red Bull has bought the racing operation, which is based at Hundreds of jobs were safeguarded today when Jaguar sold its Formula One racing car and engineering businesses. Austrian energy drinks firm Red Bull has bought the racing operation, which is based at](https://c8.alamy.com/comp/G7ECXB/red-bull-buy-jaguar-f1-racing-engineering-G7ECXB.jpg)