Manor: Virgin link 'speculation'

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.

FORMULA 1 Richard Branson Virgin Group - 0

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the issue slightly is that Manor's plans were always based on the FIA's £30m or £40m budget cap, which has now been replaced by an agreement with FOTA whose details are unclear.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."

F1-Live.com / Eurosport

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  1. Comment hidden due to its low rating. Show

    any dealings with debt ridden bankrupt Branson
    count­ your fingers after handshake farewell

    From sunita139, on Sat 4 Jul 4:17AM
  2. Comment hidden due to its low rating. Show

    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

    From , on Fri 3 Jul 11:06PM
  3. Comment hidden due to its low rating. Show

    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

    From , on Fri 3 Jul 10:46PM
  4. Comment hidden due to its low rating. Show

    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

    From , on Fri 3 Jul 10:26PM
  5. 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.

    From CHRISTOPHER, on Fri 3 Jul 8:47PM
  6. Comment hidden due to its low rating. Show

    ..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.!!

    From Ape, on Fri 3 Jul 7:52PM
  7. Comment hidden due to its low rating. Show

    .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.!!

    From Ape, on Fri 3 Jul 5:35PM
  8. If it is true then well done Richard 'Bargain­ Basement Sponsorship' Branson!

    From 57 varieties, on Fri 3 Jul 4:27PM
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