July 25, 2003
New Argentinian team JTM finally have an engine supplier.

?JTM are pleased to announce that on July 24th they signed a major deal with Ferrari for the rest of the 2003 season. This contract is a works contract and it shows the intention from both partners to make this joint partnership a successful one".

It was also confirmed that team owner Juan Tortella will be driving for the team. JTM are looking for another driver to complete their line up.

"The team have plans to start testing the Ferrari engine in a private test in Fiorano before the German GP to establish the real power output, but expectations are for around 830 - 840 BHP.?