Jordan deny sponsor split

Following recent rumours that sponsors Infineon were to part company with Jordan, the team have released a statement in conjunction with the sponsors denying the situation. Infineon were alleged to have withdrawn their backing as they did not want...

Following recent rumours that sponsors Infineon were to part company with Jordan, the team have released a statement in conjunction with the sponsors denying the situation. Infineon were alleged to have withdrawn their backing as they did not want to be associated with 'losers'.

The head of Infineon was reported as saying that Jordan only fighting for fifth or sixth place was not a good enough result. However, both parties confirm that the partnership will continue although the sponsorship has been reduced to suit Infineon's financial needs.

"With regard to rumours, currently published in a variety of media in both Germany and the UK," the statement read, "as well as on numerous websites, both Jordan Grand Prix and Infineon would like to categorically deny that there has been a parting of the ways between both companies."

"Whilst Infineon's sponsorship of the DHL Jordan Honda team has been reduced this year to suit their current economic climate, both parties enjoy an ongoing successful technical partnership on the electronic development of the cars. The partnership is demonstrated by Infineon branding, which appears on the Jordan website and media paper."

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Series Formula 1
Teams Jordan