Midland Group takes over Jordan Grand Prix

Ed · Post by Ed » Tue Jan 25, 2005 12:43 am

It is finally official. The Midland Group will take over the Jordan Grand Prix team.

Intially the Midland Group wanted to enter F1 as a new team but they've now been convinced that buying out Jordan would be a better option.

The team will still be called Jordan this year and run the Toyota engine. The Midland Group will release further details on their plans for 2006 in due course.

The Jordan team competed first in Formula 1 in 1991 finishing 5th in the Championship and scoring 13 points. The team peaked in 99 when the team finished 3rd in the Championship and won 2 races. The team then declined and has been struggling for the past two years finishing 9th in the Championship mainly due to financial reasons.

This season will be Jordan's 15th season in Formula 1 and the last under that name. It is a sad fact of Formula 1 today, small teams run by passionate individuals can't survive!

Jordan Press Release

Graham Ross · Post by **Graham Ross** » Tue Jan 25, 2005 10:52 am

It is a shame indeed.

The face of Formula 1 continues to change and now more and more corporations rule the sport.

I admire Eddie Jordan for all the work he's done with the Jordan team and in Formula 1 and good luck to him with his future endeavours.

Enjoy the Jordans for the last time this season!

sgd · Post by **sgd** » Thu Mar 03, 2005 3:13 am

Good for Russia and the russian!

Alex Shnaider: "After our victories will sound the Russian hymn" said in Red Square... Hopefully it won't take him too long...

Julian Mayo · Post by **Julian Mayo** » Thu Mar 03, 2005 7:30 am

I wouldn't worry about singing practice for a while, SGD

sgd · Post by **sgd** » Thu Mar 03, 2005 7:53 am

julian mayo wrote:I wouldn't worry about singing practice for a while, SGD

Me neither!

(Russia just my location... I'm not russian

)
I think at least 3 years, not counting 2005 (and that being hyper-optimistic)

Graham Ross · Post by **Graham Ross** » Thu Mar 03, 2005 12:55 pm

sgd wrote:I think at least 3 years, not counting 2005 (and that being hyper-optimistic)

You're sounding like julian with his hyper-optimisim towards Webber

Julian Mayo · Post by **Julian Mayo** » Thu Mar 03, 2005 1:34 pm

Geez, Graham, don't stir him up

sgd · Post by **sgd** » Thu Mar 03, 2005 2:07 pm

Graham Ross wrote:
sgd wrote:I think at least 3 years, not counting 2005 (and that being hyper-optimistic)
You're sounding like julian with his hyper-optimisim towards Webber

so maybe 4 - 5 ?

Julian Mayo · Post by **Julian Mayo** » Thu Mar 03, 2005 2:10 pm

Depends on what happens by 2008, with the threatened manufacturers breakaway, doesn't it

Graham Ross · Post by **Graham Ross** » Thu Mar 03, 2005 7:36 pm

By then Shnaider would have bought Toyota

Julian Mayo · Post by **Julian Mayo** » Thu Mar 03, 2005 7:39 pm

Or Ferrarri, snigger snigger