Following its most successful ever Formula One season, Jordan Grand Prix today announced a new partnership with Warburg, Pincus, a leading global investor. This significant investment, the first such equity investment in a Formula One team, allied to Jordan's impressive list of sponsors and partners (including title sponsor Benson and Hedges, MasterCard International, Pearl Assurance, Hewlett-Packard and Mugen-Honda) will enhance Jordan's ability to challenge for the Formula One World Championship.

Jordan Grand Prix Chief Executive and majority shareholder, Eddie Jordan commented, "I am delighted to announce this next step in the development of Jordan Grand Prix. We have made a great stride forward this year and this investment now allows us to challenge for new heights and plan for our future success."

Dominic Shorthouse, Managing Director of Warburg, Pincus in London, said, "We are very excited to be involved with Jordan. Eddie Jordan has demonstrated all the qualities of a dynamic and successful entrepreneur. We now have the platform to build a Championship winning team."

Warburg, Pincus, which has a long and successful track record in the development of growth businesses, currently runs a $6 billion portfolio of investments across a wide range of industry sectors including media, telecommunications, financial services and commercial property. Warburg, Pincus currently holds a stake in Channel 5 Broadcasting and was, until recently, the largest shareholder of Mattel Toys, creators of the Barbie Doll.