No 2004 race seat for Verstappen 27 Jan 2004
Jos Verstappen's hopes of landing a Formula One race drive for 2004 look to have ended after the Dutchman pulled out of talks with Jordan, the only team with positions remaining for the new season.
Verstappen, who drove for Minardi last year, announced his decision on his official website after negotiations between the driver, his backers and Jordan failed to reach a satisfactory conclusion.
"After lengthy study of all related contracts, the sponsors and management of Jos Verstappen decided this morning to break off the ongoing talks with Jordan," read the statement, with Verstappen adding personally, "We all did our utmost to get an agreement, but at the moment it is no use to continue."
Verstappen now faces limited options if he is to stay in Formula One racing. His wealth of Grand Prix experience means he is over-qualified for the new 'third driver' position on race Fridays and most other testing positions are already filled.
Verstappen made his Formula One race debut back in 1994, when he was team mate to Michael Schumacher at Benetton. Since then he has twice gone a season without a race seat (1999 and 2002), only to return to the sport the following year.