Grapevine: Benson & Hedges Set to Leave Jordan
Sources at Gallaher International, owner of Jordan sponsors Benson & Hedges, have indicated that a decision was taken 'this week' to end the commercial arrangement between the tobacco brand and the Formula One team after Sunday's Brazilian Grand Prix.
Sources at Gallaher International, owner of Jordan sponsors Benson & Hedges, have indicated that a decision was taken 'this week' to end the commercial arrangement between the tobacco brand and the Formula One team after Sunday's Brazilian Grand Prix.
If true, the news would mean a major blow to the team who race in distinctive yellow livery - adopted after they first attracted the brand's sponsorship in 1996 - and places further pressure on an already-embattled team boss Eddie Jordan.
The team must lodge a $500,000 entry fee by 15 November if they wish to compete in next year's Championship, but Jordan has proposed dispensation to sit out the year to enable them to prepare for a return in 2006. The request is unlikely to be granted.
Another alternative, according to a source close to the team, is for Jordan to 'scale back drastically' on staff until the opening round of the 2005 championship.
Jordan were given 'seven minutes notice' a month ago that engine supplier Cosworth would be doubling its lease costs after being put up for sale by owners Ford.
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