Who Bought Eddie Jordan’S F1 Team? The Inside Story

Eddie Jordan founded his Formula 1 team in 1991. In 2005, he sold the team to the Midland Group. The Midland Group owned the team for only a year before selling it to Spyker Cars in 2006.

Spyker Cars, a Dutch sports car manufacturer, was a surprising choice to take over the Formula 1 team. They were known for their luxury sports cars, not for their racing experience. However, they were determined to make their mark on the racing world. They rebranded the team as Spyker F1 and hired experienced Formula 1 personnel, including the former Ferrari technical director, Mike Gascoyne.

Spyker F1 struggled in its first season. They only managed to score a single point, but they showed glimpses of potential. The team was sold to the Indian businessman Vijay Mallya in 2007. Mallya renamed the team Force India and focused on building a competitive team. Force India went on to become a regular points scorer and a popular team on the Formula 1 grid.

While Spyker Cars might not have had a long tenure in Formula 1, their acquisition of the team marked a significant moment in the sport’s history. It was a bold move by a small, independent manufacturer, and it showed the world that they were serious about competing at the highest level. It’s a testament to the power of ambition and the drive to succeed, even in the face of formidable odds.