MARCH 26, 2009

Virgin is to be found at Honda

The Times in London is reporting that Sir Richard Branson's Virgin Group is to invest in Formula 1 for the first time as a significant team sponsor of the Brawn GP team which became favourite to win Sunday's Australian Grand Prix after the decision about diffsuers was made.

The newspaper says that a multi-million dollar deal will be confirmed in Melbourne tomorrow by Branson. The cars will carry extensive Virgin branding., The Times, a favoured leaking place for Bernie Ecclestone said that he had confirmed the deal.