Formula 1 team owner Eddie Jordan has passed away at 76 after battling cancer. Known for his team, Jordan Grand Prix, he played a vital role in the careers of many racing legends. With an estimated net worth of $600 million, Jordan’s influence in F1 was profound despite never racing at the top level.
Eddie Jordan, a former Formula 1 team owner and motorsport figure, has died at the age of 76 after a battle with cancer. Having publicly shared his diagnosis of bladder and prostate cancer last December, Jordan passed away peacefully in Cape Town on March 20, 2025. His family confirmed his passing, emphasizing his fight against an aggressive form of cancer over the previous year.
Jordan was well-known for establishing Jordan Grand Prix, which competed in Formula 1 from 1991 to 2005. His team was pivotal in launching the careers of racing legends like Michael Schumacher and Damon Hill, and he welcomed many notable drivers including Ayrton Senna and Ralf Schumacher.
A highlight of Jordan’s team was the 1998 Belgian Grand Prix, where they secured first and second places with Damon Hill and Ralf Schumacher. The following year, Heinz-Harald Frentzen notably finished third, marking the highest-ever achievement for a Jordan driver in the championship standings.
Eddie Jordan’s estimated net worth stood at approximately $600 million (£470.9 million), primarily due to his substantial contributions to the F1 world. Surprisingly, he never competed at the top level, having started his career in Formula 2 and later focusing on nurturing talent within the sport.
His vast wealth allowed him to acquire luxurious assets, including a stunning 45.3-metre sailing yacht, showcasing his taste for extravagance and luxury in life.
Eddie Jordan’s legacy in motorsport is marked by his success as a team owner, his role in the careers of several F1 legends, and his considerable net worth accrued through his ventures in the field. His endeavors not only led to memorable achievements in racing but also fostered a new generation of drivers. His passing is a significant loss to the motorsport community.
Original Source: www.irishstar.com
