20 July: JORDAN SIGNS UP TO NEW CONCORDE AGREEMENT
Midland
F1, owner of Jordan Grand Prix, today confirmed that it has signed to compete in the 2008 to 2012 Formula One World Championship
regulated by a revised Concorde Agreement.
“Bernie Ecclestone was instrumental in bringing Midland to Formula One and from
the very beginning Alex Shnaider was supportive of his vision for the future of Formula One and the World Championship.” Said
Colin Kolles, Managing director Midland F1. “We are happy and proud to be in at the beginning of this process which will shape
Formula One’s long term future.”