Jordan ran his own team in the 1990s and 2000s in Formula 1. He became a popular pundit on TV after selling the team in 2005.

Lewis Hamilton has a new team, a new outlook and a new hope. Led by the sport's most successful driver, Formula 1's closest season in recent history starts on Sunday at the Australian Grand Prix.

The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team.