JUNE 8, 2003
Jordan taking Vodafone to court!
Vodafone is being sued for $225m by the Jordan Formula One team, which is claiming that the mobile phone company reneged on a deal to sponsor the team. Jordan is claiming that Vodafone agreed to fund the team and then walked away from the deal when an arrangement with Ferrari was offered. The case will be heard in the next few days. The talks with Jordan took place at the start of last year.
Vodafone says the claim is "wholly without merit"
It is understood that the case is one reason why there have been problems with the F1 "fighting fund" as payments to Jordan are being blocked because of the legal action.
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