Virgin Racing F1 team set for debut next season

Manor GP will be rebranded as Virgin Racing from next season after the Richard Branson led business took a shareholding in the Formula 1 team.

Richard Branson with Jenson Button
Richard Branson with Jenson Button

The Virgin team will join fellow new entrants Lotus, Campos GP and US F1 as one of four new teams for the 2010 season.

Virgin decided to take a stake in Manor following its sponsorship of the Brawn GP team last season.

The switch comes a month after Brawn sold a majority stake to Mercedes.

The German car maker bought a 75.1% controlling interest in Brawn, which will be rebranded as the Mercedes GP team from next season.

Mercedes already had a working relationship with Brawn, providing the engine used in the car driven by world champion Jenson Button last season.

The car marque also relinquished its 40% stake in the Vodafone McLaren Mercedes F1 team but remains its engine supplier for the next six seasons.

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