Former Irish Formula One (F1) team owner, and television personality Eddie Jordan died on March 20, 2025, aged 76. Jordan was suffering from aggressive prostate cancer, and died in the early hours of Thursday morning. His life, on the track, in the boardroom, and in the television studio, has left a permanent legacy on motorsport and well beyond. His team first entered Formula 1 in 1991 and was famous for the nurturing of young drivers such as Michael Schumacher, Rubens Barrichello, and Eddie Irvine.
Eddie Jordan's net worth
Former Formula 1 team owner and broadcaster Eddie Jordan dies aged 76
Eddie Jordan OBE was a renowned retired racing driver, businessman, and media personality whose net worth was estimated at $600 million in 2025, according to Celebrity Net Worth. Despite financial cutbacks, an influx of financiers, and intensified competition to make it difficult to maintain an independent team, his era witnessed the team register very notable success like a 1998 Belgian Grand Prix victory as well as a legendary 1-2 display at the 1999 German Grand Prix and coming in the third position at the Constructors' Championship for the year. In 2005, Jordan sold the team to the Midland Group for an estimated $60 million, retiring as a team owner in style.
Also See: Eddie Jordan Grand Prix owner and F1 pundit has passed away at 76Outside of F1, Jordan was a prosperous entrepreneur, investing in real estate, media, and entertainment industries. He also proved to be an enthusiastic F1 pundit for BBC and Channel 4, whose loud mouth and tight-knit industry insight made him a favourite across the board.
Eddie Jordan's early life and education
Born on 30 March 1948 as Edmund Patrick Jordan in Dublin, Ireland, Jordan continually relocated between Dartry, South Dublin, and Bray, County Wicklow.
He fell ill with pink disease as an infant and had to be moved for fresh air.
He attended Synge Street Christian Brothers School. Initially he had wanted to become a priest but thereafter followed an accounting studies course in the College of Commerce, Dublin, before qualifying to join the Bank of Ireland's staff as a clerk. His existence was transformed in a 1970 bank strike when he came across kart racing in Jersey, which would remain his life-long motorsport enthusiasm.
Eddie Jordan's career & entry into team ownership
Jordan's racing career started when he won the Irish Kart Championship in 1971. He moved through Formula Ford and Formula Three before being obliged to switch his interest by a 1976 leg injury. In 1979, he set up Eddie Jordan Racing, tending to budding drivers like Damon Hill and Martin Brundle. His Formula 3000 team swept the board in 1989 with Jean Alesi taking the championship.
In 1991, Jordan jumped to Formula One and set up the Jordan Grand Prix. His outfit was associated with a high-risk strategy and beating best-of-the-breed outfits on the bare minimum budget. Most memorable of all, Michael Schumacher drove Jordan's F1 debut in 1991 before he fell out with Jordan's outfit after the first race to move to Benetton amid controversy.
The golden era of the team was 1998 and 1999, with Damon Hill's Spa win and Heinz-Harald Frentzen's championship run in 1999, finishing third overall. But by the mid-2000s, financial and legal issues compelled Jordan to sell his team, closing an era.
After coming out of F1 team ownership, Jordan was highly in demand as a motorsport pundit. He started at BBC F1 in 2009 before joining Channel 4, his blunt opinions and tireless enthusiasm making him a celebrity among race fans.
Eddie Jordan's personal life
Jordan was married to Marie McCarthy, a retired Irish basketball player, since 1979. The couple had four children and shared time between houses in Ireland, London, Monaco, and Wentworth. He was a yachtsman, helicopter enthusiast, and fast car aficionado who enjoyed the high-octane lifestyle of an authentic motorsport legend.
Eddie Jordan's transition from bank clerk to racing mogul exposed his entrepreneurial skills, motor racing expertise, and affable nature. His contribution to the sport was deeper than that of a team proprietor, influencing scores of careers and shaping modern-day F1. Rooted in both business and entertainment, Jordan's legacy as a motorsport personality will resonate for generations.
Get the latest IPL 2025 updates on Times of India, including match schedules, team squads, and live scores for CSK, MI, RCB, KKR, SRH, LSG, DC, GT, PBKS, and RR. Find out how to watch IPL 2025 in Canada and the USA.