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Eddie Jordan is about to sell most of his shares in the Jordan Grand Prix motor racing team to a company controlled by Emirates Chairman Sheikh Ahmed bin Saeed Al Maktoum, reported The Sunday Times today. The team will be rebranded as the Team Dubai and move its headquarters to Dubai. F1 racing is highly valued for its worldwide TV audience and advertising potential.
Eddie Jordan is about to sell most of his shares in the Jordan Grand Prix motor racing team to a company controlled by Emirates Chairman Sheikh Ahmed bin Saeed Al Maktoum, reported The Sunday Times today. The team will be rebranded as the Team Dubai and move its headquarters to Dubai. F1 racing is highly valued for its worldwide TV audience and advertising potential.