Following speculation that he may be poised to buy the Jordan team ahead of the 2004 season, billionaire businessman Roman Abramovich has said that he has no intention of investing in motorsport just yet.

Britain's Sun newspaper claimed that the Russian, who bought Chelsea Football Club at the start of the 2003-04 season and invested heavily in star players, had met with Jordan boss Eddie Jordan on four occasions, sparking suggestions that the embattled Silverstone-based squad may have a new owner before the Australian GP in March.

However, a spokesman for Abramovich denied any deal was on the cards, claiming that his boss had been linked to any number of potential deals around the world since his arrival at Chelsea.

"There is nothing in this," the spokesman told, "At the moment, Roman is being linked with bids to buy anything from a shopping centre to another football team.

"It is true that Roman enjoys F1 and has met Eddie several times but that's it. He has also met with Bernie Ecclestone, but that doesn't mean he's going to buy his house. We just want to lay all these rumours to rest."



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