Jordan to pay court costs

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.