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Jordan sign up till 2012

  • 20-07-2005 10:49pm
    #1
    The Lopper
    Registered Users Posts: 186 ✭✭


    which makes 3 teams, Ferrari, RedBull and Jordan.

    From BBC:

    Jordan have become the latest Formula One team to commit their future to the sport beyond 2007.

    The current deal between the 10 F1 teams and commercial supremo Bernie Ecclestone expires in two years' time.

    A number of unhappy teams and car manufacturers are threatening to form a rival series from 2008.

    But Jordan, which will be renamed Midland next year after Alex Shnaider's takeover, have followed Ferrari and Red Bull in signing up to stay until 2012.

    Ferrari opted earlier this year to remain with F1 on preferential terms, but Red Bull, to whom Ferrari will supply engines next season, only made their decision on Monday.

    "Bernie Ecclestone was instrumental in bringing Midland to Formula One and from the very beginning Alex Shnaider was supportive of his vision for the future of Formula One and the world championship," said Jordan managing director Colin Kolles.

    "We are happy and proud to be in at the beginning of this process, which will shape Formula One's long-term future."

    Interesting, considering Schnaider isn't meant to be happy at all in f1.


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