Formula One News: Eddie Jordan has offered a simple "let's move on" response to the damning indictment of his team's business practices handed down by the High Court in London following the publication of Justice Langley's findings in the action brought against telecoms giant Vodafone by the Irish team boss.

"When Jordan began this action, we thought we had a deal and believed we had a good case," said Jordan. "However, the judge sees it differently and preferred their evidence to ours. Litigation is risky and unpredictable and we have always been prepared for the possibility that this might not go our way. It's now time to move on and devote our full attention to the team."

Jordan's terse statement came in the wake of the publication yesterday of Langley's report on the action Jordan took against Vodafone. Jordan had been seeking some £150 million in damages, alleging that the telecoms company has reneged on a deal to sponsor his team from 2002 in a three-year, nine-figure deal. But last Friday, when the case appeared to be going against Jordan, the team boss sought to drop the case.

That immediately incurred Justice Langley's wrath, with the judge accusing Jordan of "trying to run up the white flag at the last moment" and of attempting a "serious injustice that the court could not tolerate".

He then gave Jordan until 4 pm yesterday to find a judge who would listen sympathetically to Jordan's argument for a "discontinuance" and then he would publish his findings. As the deadline passed, Langley went ahead with making public his findings.

And when they arrived they were damning. Langley said that not only was Jordan's case "plainly demonstrated to be without foundation" it was "false".

"The inherent improbability of an agreement of such a nature for payments of such a size being made in such a manner is obvious," said Langley of the agreement Jordan claimed he had achieved with Vodafone.

"At the conclusion of the evidence the inherent improbability was more than fully matched by the reality."

At the hub of Jordan's case was a telephone call Jordan alleged he had received from Vodafone's global brand manager, David Haines, in which he said Haines told him "you've got the deal".

Langley rejected the telephone call constituted a binding contract. "I reject that in the course of the 22nd March telephone conversation Haines said anything that could reasonably be, or indeed was taken by Jordan to be, a binding commitment on Vodafone to sponsor Jordan."

The judge then singled out Jordan for personal comment, saying the team boss was more than unconvincing in the case.

"I regret to say that I found Mr Jordan to be a wholly unsatisfactory witness," he said. "His evidence was in many instances in stark conflict with, and indeed belied by, the documents, often documents of his own making.

"On occasions even Mr Jordan was unable to offer an explanation and was reduced to embarrassed silence by the exposure of blatant inaccuracies."