JANUARY 17, 2005
Jordan - no deal
Eddie Jordan spent the weekend in the Alps and was not easily contactable but our sources tell us that the Irishman is denying that a deal has been done with the Russian businessman Alex Schnaider to sell the Jordan F1 team to the new Midland F1 organization. This does not mean that a deal will not be done at some point in the future but at the moment the team remains under Jordan's control and there are signs that it could remain that way. The rumours of the Midland purchase appear to have been sparked by the appearance at the Autosport Show in Birmingham of Midland's new technical director Gary Anderson and started on the Autosport.com website. After that they grew at a rate of knots and with Jordan unavailable for comment have got a little out of control.
Jordan spent the weekend taking part in the Formula Charity Grand Prix 24 Hours of Villars, a charity event set up seven years ago by Jacques Villeneuve and Craig Pollock, the event raises money for UK charity CLIC (Cancer and Leukaemia in Childhood) and Swiss charity FORCE (Fondation Recherche sur le Cancer de L'Enfant). Jordan and his V10 band played a concert after the event.
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