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Irish investors buy into F1 team

A CONSORTIUM of Irish investors has acquired a 49.9% stake in the Jordan Formula One team, it emerged yesterday.

Irish investors buy into F1 team

Wed, 08 Oct, 2003 - 01:00

Ian Guider

The consortium of private individuals bought the stake in the Irish team held by American investment bank Warburg Pincus.

Warburg bought into Jordan five years ago, paying close to €60 million for the minority stake.

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Courts Place: Northhampton Person: Eddie Jordan Person: Dermot Desmond Person: Denis O’Brien Person: Pierce Flynn Person: Jordan Event: One Event: Grand Prix Event: Brazilian Grand Prix Organisation: F1 Organisation: Jordan Formula One Organisation: Warburg Pincus Organisation: Warburg Organisation: Jordan Organisation: Celtic Organisation: Damovo

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