Following the acquisition of the Matra F1 team's assets, Ligier entered Formula One in 1976 with a Matra V12-powered car, and won the 1977 Swedish Grand Prix with Jacques Laffite. This is generally considered to have been the first all-French victory in the Formula One World Championship as well as the first Formula One victory for a French team and a French engine.
Between 1987 and 1991, the team struggled, failing to score points in 1988, 1990 and 1991, and at the 1988 San Marino Grand Prix neither René Arnoux nor Stefan Johansson qualified for the race, the first time in team history that neither car made the grid. In 1990, when fellow team Larrousse were disqualified after claiming their chassis was built by themselves, while in fact it was built by Lola Cars, Ligier moved up into 10th place in the Constructors' Championship, which gave them subsidized travel benefits, despite actually not being classified due a to lack of points.
In 1993 the team enjoyed an upswing when Guy Ligier sold the team to Cyril de Rouvre after a disappointing 1992 season when they once again failed to fulfil their potential despite being supplied with the same works Renault engines as the dominant Williams team. Surprisingly, the team was somewhat more competitive during this period, in part due to the talents of aerodynamicist Frank Dernie and engineer Loïc Bigois. They scored eight podium finishes over the next four years, contrasting sharply with their failure to secure a single top three position between 1987 and 1992. In the last years Ligier had little public support and lacked funds.
In 1995, de Rouvre sold the team to Flavio Briatore and Tom Walkinshaw. The Mugen-Honda-powered JS43 turned out to be a well balanced car, if not on par with the Williams entries. It became a surprise winner as well, with the team taking the chequered flag with Olivier Panis at the Monaco Grand Prix, albeit in a race of heavy attrition, with only three cars finishing. It was the first "all-French" victory at Monaco since René Dreyfus in Bugatti in 1930. This ended a nearly fifteen-year-long winless-streak for the Ligier team, the longest of any uninterruptedly existing team between two wins (some teams like Honda or Mercedes had much longer periods between two wins, but did not exist as a Grand Prix team for most of their respective periods between two wins).
In 1997 the team was sold to Alain Prost and became Prost Grand Prix in 1997. Prost GP, despite substantial financial backing by large private French companies, failed to make the team competitive and went bankrupt in 2002.
Best Lap Times
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