Jordan to pay court costs
Formula 1 team Jordan Grand Prix has been ordered to pay £1million costs to foot the bill of its failed £150million High Court damages case brought against mobile phone company Vodafone
Mr Justice Langley, who ruled in August that Jordan's court action was "contrived and unsustainable" ordered that the Silverstone-based F1 team should pay £1million in costs, although Vodafone is understood to have sought £1.5million. The original case lasted six weeks.
It brings to a close one of the most turbulent chapters of the colourful F1 team's history. In April, Giancarlo Fisichella won the Brazilian Grand Prix on appeal after the timekeepers were found to have made a mistake in declaring McLaren's Kimi Raikkonen as the winner. It suffered a scare in Hungary, however, when rookie driver Ralph Firman was injured in a 160mph that forced him out for two races.
Following the negative affects of the High Court case ruling, Jordan was then boosted by new investors that bought out its shareholding owned by private equity and venture capital firm Warburg Pincus.
Share Or Save This Story
Wolff should get out of Mercedes while at the top of F1, says Jordan
Racing Point F1 team hires ex-Michael Jordan marketing chief
The true story of how Schumacher escaped Jordan
Celebrating the life of Eddie Jordan – just how 'EJ' would have wanted it
The loveable character traits that made Jordan perfect for F1
The F1 podium-finisher that gave Jordan stability in a year of chaos
The big British GP chance F1 almost missed
What Alonso needs from Aston Martin and F1 as career decision looms
Why nationality should be 'no factor' as Haas considers Fornaroli and Camara for F1 2027
F1 drivers raise concerns over 'self-learning' power units – what's going on?
Subscribe and access Autosport.com with your ad-blocker.
From Formula 1 to MotoGP we report straight from the paddock because we love our sport, just like you. In order to keep delivering our expert journalism, our website uses advertising. Still, we want to give you the opportunity to enjoy an ad-free and tracker-free website and to continue using your adblocker.
Top Comments