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LKD
Omni-peasant

Registered: Aug 2001
Location: Its June 18th, 2005, I'm at the Skybar
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| quote: | VIRGIN SET TO SPONSOR BRAWN GP
Three months ago, Ross Brawn didn't know if he would even be on the starting grid in Australia. This weekend, the new owner of Brawn Grand Prix is set to unveil a major new sponsor for his team.
According to the The Times newspaper, Virgin Group owner Sir Richard Branson has agreed to a multi-million dollar deal with the former Honda F1 squad. However, it is expected to fall short of title sponsorship of the team.
The deal, which has been confirmed by F1 boss Bernie Ecclestone, is expected to be formally announced on Saturday and will mark the first major sponsorship signing since Brawn completed a management buyout of the F1 squad several weeks ago.
"Virgin and Brawn have come to commercial terms which he [Branson] thinks are viable," Ecclestone tells The Times. "I've been pushing, pushing, pushing and pushing. It's good for the team, it's good for Formula One, I'm very happy with it."
The report adds that extensive Virgin branding could appear on the Brawn cars in time for the green flag on Sunday.
Branson's name had been mentioned as a possible buyer for Honda F1 prior to Brawn's buyout. However, the entrepreneur stated there would have to be significant changes to the sport before he would consider becoming involved.
This will not be Branson's first foray into Formula One, having sponsored Eddie Jordan's team in 2002. Virgin Atlantic Japan have also backed former driver Takuma Sato, who just missed getting a full time ride with Toro Rosso this season. |
http://tsn.ca/auto_racing/formula_one/story/?id=272806
___________________
www.elkdee.com
Soundcloud sampler: www.soundcloud.com/elkdee
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Mar-28-2009 16:22
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mute79
..:culture vulture:..
Registered: Feb 2001
Location: in transit
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that was awesome.. i'm so happy i got to watch the qualifying last night
can't frikkin wait for the race tonight!
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Mar-28-2009 17:45
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LKD
Omni-peasant

Registered: Aug 2001
Location: Its June 18th, 2005, I'm at the Skybar
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Mar-28-2009 17:58
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