Eddie Jordan: F1 Legend and Team Owner Passes Away at 76

Eddie Jordan, the former F1 team owner, has died at 76 after a battle with cancer. He built a substantial wealth of approximately $600 million through his work with Jordan Grand Prix. His team significantly impacted the careers of various prominent drivers. Jordan is remembered for his legacy in motorsport and his opulent lifestyle, including a luxury sailing yacht.

Eddie Jordan, the esteemed former Formula 1 team owner, has passed away at the age of 76 following a brief battle with cancer. He built a significant fortune throughout his career and revealed his health struggles with bladder and prostate cancer in December 2024. A family statement confirmed that he died peacefully in Cape Town, surrounded by loved ones on March 20, 2025.

In a poignant discussion on the ‘Formula For Success’ podcast last year, Jordan shared, “Way back in March and April, I was diagnosed with bladder and prostate cancer.” His impact on the sport was profound; he founded Jordan Grand Prix, which competed in F1 from 1991 to 2005, significantly enhancing the careers of renowned drivers such as Michael Schumacher and Damon Hill.

Jordan Grand Prix achieved notable success, including a standout moment in 1998 when Ralf Schumacher and Damon Hill secured second and first place respectively at the Belgian Grand Prix. The subsequent year showcased Heinz-Harald Frentzen as a contender for the drivers’ title, culminating in the highest finish ever for a Jordan driver, third place.

As reported by Celebrity Net Worth, Eddie Jordan’s estimated net worth is an impressive $600 million (£470.9 million), primarily attributed to his influential role in Formula 1 despite never having raced at its peak level. His early career began in Formula 2, where he focused on nurturing talent in motorsport.

His wealth enabled him to acquire luxurious assets, including a magnificent 45.3-meter sailing yacht, reflecting his taste for opulence.

Eddie Jordan’s legacy in Formula 1 is marked by his entrepreneurial spirit and the successful launch of Jordan Grand Prix. Though he faced personal health challenges, his impact on the sport and his considerable wealth solidify his standing as a prominent figure in motorsport history. His passing marks the end of an era, as he leaves behind a legacy filled with influential contributions to the racing world.

Original Source: www.irishstar.com