Eddie Jordan, the former Formula 1 team owner, passed away at 76 after battling cancer. He built a notable legacy with Jordan Grand Prix, significantly contributing to the careers of famous drivers. With an estimated net worth of $600 million, his wealth stems from a long career in motorsport that included nurturing talent and enjoying luxury possessions.
Eddie Jordan, the esteemed former Formula 1 team owner, has passed away at the age of 76 after a brief but courageous battle with cancer. His family announced that he died peacefully in Cape Town on March 20, 2025, surrounded by loved ones while contending with a severe form of prostate cancer. Jordan had revealed his diagnosis of bladder and prostate cancer last December during an interview on the ‘Formula For Success’ podcast with David Coulthard.
Jordan made a significant impact in the world of motorsport as the founder of Jordan Grand Prix, which operated in Formula 1 from 1991 to 2005. His team played a key role in elevating drivers such as Michael Schumacher and Damon Hill to stardom. Renowned figures like Ayrton Senna, Nigel Mansell, and Ralf Schumacher also raced for Jordan, highlighting the team’s legacy within the sport.
The pinnacle of Jordan Grand Prix’s success occurred in 1998, when Ralf Schumacher achieved second place and Damon Hill secured first at the Belgian Grand Prix. The team continued to excel, with Heinz-Harald Frentzen finishing third in the drivers’ standings the following year, marking the highest achievement for a Jordan driver.
Eddie Jordan’s estimated net worth stands at an impressive $600 million (£470.9 million), attributed to his extensive contributions to Formula 1, despite never competing at the top level himself. He began his career in Formula 2 and devoted his efforts to nurturing talent in the sport.
Jordan’s wealth has afforded him luxurious possessions, including a magnificent 45.3-meter sailing yacht, signifying his taste for the finer things in life.
In summary, Eddie Jordan’s legacy in Formula 1 is marked by his role as a pioneering team owner who significantly influenced the careers of numerous acclaimed drivers. His passing at 76 is a profound loss to the motorsport community, and his impressive net worth reflects his contributions to the field. Jordan’s commitment to developing talent in racing will be remembered as a vital part of his enduring legacy.
Original Source: www.irishstar.com
