| NEWS | Jordan sale complete | ||
| DRIVERS STANDING |
09-02-2004 In a meeting on Wednesday, Eddie Jordan concluded the $90m sale of his Formula One team to a group of investors from Dubai. A spokeswoman at Silverstone, though, retained radio silence, albeit admitting Jordan was 'following' reports in the F1 media. ''As always,'' she added, ''(Jordan) is interested in finding sponsors and partners who can help [us] invest in [our] future.'' Britain's 'Telegraph' newspaper, meanwhile, reported that EJ admitted last Friday the team's survival depended on its sale. The agreed deal will see Eddie retain a 15 percent stake in the re-named team and remain as principal for at least two seasons. |
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