Jordan agrees sponsor deal with RE/MAX Europe.

Jordan Grand Prix opened the new Formula One season by signing a one-year sponsorship agreement with RE/MAX Europe, part of the RE/MAX International real estate network.

The agreement will see the RE/MAX brand displayed on the Jordan-Ford EJ13s, beginning with this weekend's Australian Grand Prix.

RE/MAX's arrival into Formula One is a natural development for the company, which is title sponsor of the ARCA [Automobile Racing Club of America] stock car series and also principle sponsor of Team RE/MAX Racing in the USA. The company franchise network, now in its 30th year of consecutive growth, maintains a global real estate system operating in 43 countries, and out of more than 4,400 independently owned offices.

RE/MAX International's chairman and co-founder Davy Lee Liniger has been a driver and primary team sponsor in the both the NASCAR and ARCA series in his time, but is equally happy to broaden his horizons to encompass Formula One - a feeling shared by the company's European president William Soteroff.

"We believe that Formula One is one of the best vehicles to reach customers throughout Europe and around the world," the latter said, "The quality and profile of the Jordan team is unquestioned and RE/MAX is delighted to be joining them this season. It's a very exciting development for us and we wish the team every success during the year."

"I am absolutely delighted that RE/MAX has chosen Jordan Ford as its partner in order to extend its involvement in motorsport to include Formula One," added team boss Eddie Jordan, "RE/MAX Europe is an impressive real estate network and the decision to utilise Formula One as a platform to promote the brand is a tremendous vote
of confidence in the sport as well as in Jordan Ford. We are looking forward to working with them and to making sure that RE/MAX's involvement is as successful as possible."