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Austria's three-time Formula One World champion Niki Lauda, right, shakes hands with Jaguar Racing Team manager Bobby Rahal, left, and Germany's Dr. Wolfgang Reitzle Chairman of the Premier Automotive Group, at a press conference in London, Tuesday Feb. 6, 2001. It was announced that Lauda has been appointed Chief Executive Officer of the Premier Automotive Group, an umbrella organization set up by Ford to oversee Jaguar Racing and other Ford-owned racing interests.(AP Photo/Max Nash)