We recently an auction on eBay and the seller happened to be the Product Manager of the F1 series. The system was released in 1997 for the game Formula 97 and only 20 were made in the world which makes this console one of the rarest Playstation 1 consoles!
Here is a quote from the auction
"I was the Product Manager / Product Development Manager for all the F1 games from "Formula 1" that went out with the launch of PS1 through to the subsequent games from Electronic Arts. I worked for Psygnosis Sony and EA. I dealt with the FOA and all the teams to market the game worldwide with my managers in the different territories. I commissioned the Jordan branded PlayStations and there were different designs. The buzzin hornets were part of their branding. It came at a time when tobacco branding was limited at some races so buzzin hedges was used."
"I was also the Product Manager for the PlayStation game F1 97 and commissioned a small batch of limited edition PlayStation 1 Jordan GP yellow consoles. We were working with the team at the time to promote the launch. I was allowed to keep one and I've had this stored away for over 20 years. It's never been used. I don't have any of the other items such as lead controllers etc as these were used at the time on another plain console."