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21 Nov 2003, 14:11 (Ref:790662)
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#1 | ||
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Veteran
Join Date: Jan 2003
Posts: 1,707
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Eddie wants money
"Jordan wants to break into the Chinese market
Eddie Jordan says he is interested in selling a stake of his Formula One team to potential Chinese business partners" As Eddie is trying to sell of some of his team i was wondering, is this simply to get more cash for the team, or is he trying to release some of the responsibility/burden of running all of an F1 team? |
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__________________
"If there's anything more important than my ego around, I want it caught and shot now" Douglas Adams. 1952-2001 
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21 Nov 2003, 14:12 (Ref:790664)
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#2 | ||
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Veteran
Join Date: Jan 2003
Posts: 1,707
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__________________
"If there's anything more important than my ego around, I want it caught and shot now" Douglas Adams. 1952-2001
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21 Nov 2003, 15:18 (Ref:790728)
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#3 | ||
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Veteran
Join Date: Jul 2000
Posts: 1,167
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Does this mean he has already spent his last huge cash injection of a couple of months ago ?
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21 Nov 2003, 15:25 (Ref:790737)
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Racer
Join Date: Jun 2002
Posts: 495
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Did a Chinaman say he was interested in F1, and Eddie is going to get the money by claiming that constitutes a binding contract?
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21 Nov 2003, 16:15 (Ref:790796)
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#5 | |||
 Race Official20KPINAL
Join Date: Dec 1999
Posts: 21,606
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Quote:
Jordan will become a Chinese/Irish team... expect a chinese driver soon. |
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__________________
Show me a man who won't give it to his woman An' I'll show you somebody who will
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21 Nov 2003, 16:35 (Ref:790825)
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#6 | ||
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Veteran
Join Date: Mar 2003
Posts: 4,512
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Some months ago there was no money injection.
The stake bought was previously in the hands of a bank, who had put their money in advance into Jordan, and then recovered the money. |
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__________________
You got to learn how to fall, before you learn to fly P.Simon
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22 Nov 2003, 17:43 (Ref:791547)
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#7 | |||
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Veteran
Join Date: Jun 2003
Posts: 2,147
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Quote:
 yes, maybe a Vodafone repeat.
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22 Nov 2003, 17:44 (Ref:791548)
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#8 | |||
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Veteran
Join Date: Jun 2003
Posts: 2,147
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Quote:
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