Tuesday July 29, 1997 
Ralf  Schumacher  announced  yesterday  that  he would  remain  with  Jordan  Grand  Prix  for  the 1998  season.  Schumacher  debuted with the team at  the  beginning  of this  season. 
"I  signed  a two-year contract with Jordan and I am very  happy  to  respect it." said  Schumacher. 
The Jordan team lose their Peugeot engine deal at the  end  of  this  season,  and  the  French engine constructor  will  be  replaced   by  Mugen-Honda units. 
Team Principal Eddie Jordan said "Ralf has made his statement to  end  any press speculation about his   future  which  for   1998  has   always  been scheduled to be with  Jordan." 
Giancarlo  Fisichella,  Schumacher's current team mate announced last week that he would drive for Benetton  in  1998.