Jordan Grand Prix would like to put the record straight regarding the negotiations with Jos Verstappen.
The team had excellent negotiations with Michel Perridon of Trust and Harrie Muermans of the Muermans Group. However the hard work of these two loyal sponsors was undone by the intransigence of Huub Rothengatter, manager of Jos Verstappen, who at all time insisted on taking an exorbitant commission on sponsorship introduced to the team or an outrageous wage. At the same time all requests by the team for Verstappen to have a seat fitting and fitness assessment were rejected.
It is very sad that the commitment of both Trust and Muermans to providing the driver with an opportunity to stay in Formula 1 were disregarded by his agent.
Eddie Jordan said: 'It was a very sad conclusion. We had a good faith agreement with the sponsors who acted positively at all times and it is not good for the sport for such valuable people to be treated this way by an agent.'