Skip to main content

Sign up for free

  • Get quick access to your favorite articles

  • Manage alerts on breaking news and favorite drivers

  • Make your voice heard with article commenting.

Autosport Plus

Discover premium content
Subscribe

Recommended for you

BTCC Donington Park: Rowbottom gives Plato’s team a debut win after Ingram penalty

BTCC
Donington Park (National Circuit)
BTCC Donington Park: Rowbottom gives Plato’s team a debut win after Ingram penalty

Watch live: Nurburgring 24 Hours Qualifiers – Verstappen in action in Race 1

GT
Watch live: Nurburgring 24 Hours Qualifiers – Verstappen in action in Race 1

WEC Imola: Giovinazzi snatches pole for Ferrari

WEC
Imola
WEC Imola: Giovinazzi snatches pole for Ferrari

The work going on in Maranello keeping Ferrari flat out in F1’s April break

Formula 1
The work going on in Maranello keeping Ferrari flat out in F1’s April break

How MotoGP's concessions system will work in 850cc new era

MotoGP
How MotoGP's concessions system will work in 850cc new era

BTCC Donington Park: Ingram leads Cook and Plato Mercedes pair in practice; 2027 calendar revealed

BTCC
Donington Park (National Circuit)
BTCC Donington Park: Ingram leads Cook and Plato Mercedes pair in practice; 2027 calendar revealed

How a BTCC support series demonstrates British single-seaters’ turnaround in fortunes

Feature
National
How a BTCC support series demonstrates British single-seaters’ turnaround in fortunes

IMSA Long Beach: Yelloly tops qualifying for Meyer Shank, Wickens lands GTD pole after Lexus penalty

IMSA
Long Beach
IMSA Long Beach: Yelloly tops qualifying for Meyer Shank, Wickens lands GTD pole after Lexus penalty

Stoddart: Jordan sale bad news

Minardi boss Paul Stoddart has admitted that the sale of Jordan to Russian billionaire Alex Shnaider may make it harder for his cash-strapped team to make a contest of it at the bottom of the Formula 1 pecking order in the future

Whereas in recent years Minardi has occasionally been able to embarrass better-funded rivals, and give Jordan a run for its money, Stoddart fears that the latter's acquisition by the Midland Group will be accompanied by a major cash injection that will leave Minardi trailing in its wake.

The Australian told Reuters: "If the effect of the new ownership is to inject enormous amounts of cash into Jordan, it makes my job tougher this year because quietly, without saying anything, I had felt quite optimistic that I could be racing Jordan in the second half of this year. If the money is spent in the right direction, and I'm sure they [Midland] have got good people who will tell them to do that, perhaps I may be rather lonely with a very minute budget compared to the nearest rival."

Minardi operates on an annual budget of £21 million - barely one-tenth of the amount spent by the likes of Ferrari, McLaren and Toyota. Even Jordan's outlay is close to £50 million, and Stoddart is proud of what Minardi achieves on a relative shoestring.

"If there were a championship for best value per dollar spent, we'd win a string of them," he said. "But there isn't so we've got to get real, we've got to lift our game. That's all that's left for us to do - we've got to find more sponsorship or more money from Bernie [Ecclestone]."

Stoddart added that he will miss his comrade-in-arms Eddie Jordan, even if the two straight-talking wheeler-dealers haven't always seen eye to eye. Stoddart nicknamed his rival "Judas Jordan", or JJ for short, after he felt let down by the Irishman at a showdown with F1's wealthier teams at the 2003 Canadian Grand Prix.

"You all know that I jokingly call EJ 'JJ' and everything but actually I love him to death and I think he's going to be sadly missed," said Stoddart. "He's a hell of a character but yes, I am a little bit lonely. But I am sure that we have not seen the last of Eddie Jordan in the pit lane, I promise you that."

Previous article Priaulx makes test debut
Next article Davidson high on Midland's list

Top Comments

Latest news