Underlining the difficult sponsorship climate facing many F1 teams, the UK outfit is understood to be in negotiations with three potential backers, but with a view to signing a deal for 2004 rather than the forthcoming season.
Jordan head of marketing Mark Gallagher said that the team's funding was already secure for the 2003 season following recent rule changes by motorsport authorities, which cut the amount of technological aids permitted, making the team cheaper to run.
F1 chiefs hope the rule changes will allow smaller teams to become more competitive and, allied to changes to the sport's Grand Prix qualifying format, make for a more exciting spectacle for TV viewers.
The changes follow criticisms last year about the overwhelming dominance of Michael Schumacher and the Ferrari team, which led to a steep fall in viewing figures in the second half of the season.
Earlier this month, Jaguar launched its 2003 car on the internet in a presentation far removed from the usual glamour associated with the sport.
Jordan has already secured commercial agreements for 2003 with companies including DaMovo, Bridgestone, Brother, iMation and Puma, while negotiations with long-time backer Benson & Hedges are under way.
B&H was Jordan's title sponsor between 1996 and 2001, but scaled back its involvement last year and was replaced as the headline sponsor by courier company DHL.
A title sponsorship deal with Jordan is worth up to £20m, as it remains one of the most marketable teams on the F1 grid despite disappointing recent performances on the track.
While there have been rumours linking Red Bull to a possible takeover bid for the team, boss Eddie Jordan is reported to have ruled out a sale of the business he launched 13 years ago.
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