'Sad day' for Irvine as Jordan talks collapse

Eddie Irvine is expected to sit out the 2003 Formula One season after talks with Jordan Grand Prix broke down.

The 37-year-old Ulsterman did not have his contract renewed with Jaguar Racing last season, and his hopes of returning to Jordan were dashed for financial reasons.

Speaking from his Miami home, Irvine told The Sun: “It’s a sad day. I have decided not to drive in Formula One this year – or at least at the moment.”

Irvine had set his heart on a return to the team with which he made his Formula One debut in 1993.

“In July last year I made up my mind to drive for Jordan Grand Prix. I had very strong feelings about returning to the team which started my F1 career,” he said.

“Unfortunately, due to the economic downturn, Jordan are forced to look for a driver who brings extra funds to the team whilst I can only bring speed, reliability and greater experience.”

Irvine had been looking forward to testing himself under the new rules introduced by the sport for this season.

He added: “It’s a shame because I really would have enjoyed the rule changes, specially single-lap qualifying.

“It’s a huge shame. I was really looking forward to driving for Jordan this season.

“Driving alongside Giancarlo Fisichella would have been fantastic. I would have been working with a driver I really respect.

“I have always had a lot of affection for Jordan as a team.

“They gave me my big break in 1993 and I thought I could end my career with them.”

Irvine had his best championship finish in 1999 when with Ferrari. He was second in the drivers’ standings after team-mate Michael Schumacher broke a leg.

“That really was a fantastic season and a very emotional one. It was a real rollercoaster year which gave me so many thrills,” he said.

“I know I didn’t win the championship but it was still great battling for it.”

Irvine did not rule out a return to the sport. He said: “You never know what can happen.”