13/07/2004
NEWS STORY
Despite widespread anticipation that Jordan could be on the verge of being snapped up by Dubai, no such deal has been done.
A highly reliable source has informed pitpass that although talks have been going on, "nothing is signed" and "nothing is confirmed".
In actual fact, we understand that the end result could be that Jordan simply opens an office in Dubai, where potential sponsors could meet with representatives of the company.
We further understand that a consortium, which includes the manager of a current F1 driver, has been involved in talks in Dubai for the last six months, attempting to finalise a deal. However, the bottom line is that nothing has been signed.