Jaguar Racing was a Formula One team that competed in the FIA Formula One World Championship from 2000 to 2004. It was formed from the purchase by Ford of Jackie Stewart's Stewart Grand Prix Formula One team in June 1999. Ford renamed the team Jaguar Racing as part of its global marketing operations to promote their Jaguar premium car company. Despite this branding, they continued to use Ford-Cosworth engines in the cars, no Jaguar engineering was involved. During the years of Ford's ownership, the team was unable to revive its performances of 1999.

The team in 2000 was managed by Wolfgang Reitzle, who was then head of Ford's Premier Automotive Group. The extra funding and publicity brought by becoming Ford's own team were obvious from the first race of the year. The team hired 1999 world championship runner up Eddie Irvine to partner former Stewart driver Johnny Herbert. Unfortunately this did not guarantee further success. The results that season did not match the results that Stewart had been able to achieve in 1999. Reitzle stepped down and was replaced by American racing champion and successful team owner Bobby Rahal for 2001.