Jaguar will make a return to international motorsport in 2016 with a factory Formula E team.
Since withdrawing from Formula One at the end of 2004 (when they sold their now world championship winning team to Red Bull), Jaguar has not had any official involvement in international motorsport.
Their new Formula E team will be ran in partnership with Formula E battery supplier Williams
Advanced Engineering who they worked with on the C-X75 concept and Spectre picture car projects.
"We're pretty excited by C-X75, which is naturally flowing into the
Formula E - the battery and motor it uses is a fundamental foundation of
the championship," said Nick Rogers, Jaguar Land Rover director of group engineering.
Jaguar will be taking over the Trulli team's entry after they announced today they would be pulling out of the championship, although they will use their own facilities and brand new Dallara Chassis rather than those of the Swiss team.
The move to Formula E will also coincide with a move to the electric car market for Jaguar Land Rover, a sector they have yet to enter.
"The way Formula E's technology roadmap is laid out is really going to pull parts of the technology that are going to be incredibly relevant to the real world," sad Rogers. "One of the exciting things is looking at which is the best direction to go in and how to hone that."
Jaguar have yet to confirm who will be driving for their new team, or what their final livery will be.
Images: FIA Formula E, Dominik Wilde