Jordan join Ferrari and Red Bull in F1 commitment

JORDAN have followed the lead of Red Bull and Ferrari by committing to Formula One beyond 2007.

The sport’s ruling Concorde Agreement expires in 2007 and negotiations to extend it have been fraught, with a rebel group threatening a breakaway championship.

Ferrari were the first to break that alliance by agreeing to sign up with commercial rights holder Bernie Ecclestone and world governing body the FIA until 2012, followed this week by Red Bull.