Eurosport - Fri, 03 Jul 14:53:00 2009
Manor Grand Prix team principal John Booth has refused to confirm reports that Virgin is set to sponsor, buy into and possibly rename the new 2010 Formula One team.
It has been reported and rumoured in recent days that Sir Richard Branson will switch his allegiance from Brawn to Manor next year in a deal that could also involve a 20 per cent shareholding and perhaps even naming rights.
However while confirming that funding has been in place for several months, Booth is not ready to confirm the Virgin speculation, and denied that an equity sale has been agreed.
"The Virgin link is just speculation and I couldn't really comment on it for legal reasons, and it is unhelpful to speculate about Virgin," he told the Yorkshire Post.
Complicating the issue slightly is that Manor's plans were always based on the FIA's £30m or £40m budget cap, which has now been replaced by an agreement with FOTA whose details are unclear.
"Hopefully, it should become clearer in the next couple of weeks. There does seem an intention from all concerned to get the costs under control," Booth said.
"We have only been planning to join Formula One for the last five or six months. Over the years it has not been feasible, you had to be a multi-, multi-millionaire to even consider it.
"But with the budget restrictions it has made it more accessible."
Comment 1 - 8 of 48
any dealings with debt ridden bankrupt Branson
count your fingers after handshake farewell
a max a mosley a just like a muppet a gordon brown willa run a F1 into the a ground before hea leave a like brown a done toa britain mistake after a mistake anda lies a after a lies but a still hea will a nota GO..me a also stilla not a sure a who the a uglyier a me a potter ora stunning a jeanette a also a site a angel a more a muppet thana mr a hamilton asun
ita a shame the a way a F1 isa now going ita seem to a start once a mr a hamilton asun a joined muclaren from a dirty a tactics onna track thena to the a Spyagate anda then a Lieagate anda witha corrupt a stewards anda keep a changin a rules a F1 asa never a been same a since.. itta nowa a farce a since a mr a hamilton asun arrived ata muclaren they are a now tarnished asa biggest a Cheat anda mr a hamilton asun with a fake a phoney Cheating a title itta couldnt a got any a worse mea think a why a FIA want anda keep a changin the rules after a spyagate anda lieagate toa bring the a JUSTICE a back to the a Tracks
BUTTON THE A NEW KING OFA F1........F1 WORLD CHAMPION 2009-2010....JENSON A BUTTON
mr hamiltons son say he stay with mclaren men for life. that nice for him but what do mclaren men say? you see mclaren is now german owned. the parent company is the mercedes benz which is the german. the engine is the german engine. everything about the team is the german. mr hamiltons son now the swiss gentleman he eat much cheese and sings in the morning at mountains. mr hamiltons father is also now the swiss man. in fact there nothing british about this team at all. even the man who tidy up the garage after the race has moved to switzerland with his mother. switzerland is owned by the german. my friends the whole team is GERMAN - and guess what - so is mr glock. now you see why the time stand still for mr glock on the last lap. like he in the time warp. not even the people abducted by the alien lose the amount of time he lost on that last lap. IT IS A DISGRACE!!! ANOTHER CHEATIN YEAR IN 2009 FROUM MCLAREN AND CHEATIN BASHIN MR HAMILTONS SON ....mr a hamilton asun the bigger a cheat
Where is the loyalty of a sponsor? To the Manor Brawn. Cheshire cat grins each time he sponsors someone for another 20 quid. Just set up a team Richard and get on with it.
..I am getting so %&#&*#%# of all those editors on websites with all those rumors or false intrepretations and prejustice !!!!!!!!!!!!!!!!!!!
The only thing they want is hits for the money and manipulate the forums!
But they are helping the F1 to the &%#!%&1*$&* !!!!!!!!!!!!!!!!!!
There are only a very very few objective journos.!!
.I am getting so %&#&*#%# of all those editors on websites with all those rumors or false intrepretations and prejustice !!!!!!!!!!!!!!!!!!!
The only thing they want is hits for the money !!
But they are helping the F1 to the &%#!%&1*$&* !!!!!!!!!!!!!!!!!!
There are only a very very few objective journos.!!
If it is true then well done Richard 'Bargain Basement Sponsorship' Branson!
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