Nigelinoz
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- Dec 14, 2008
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Brawn GP celebrates getting Sir Richard Branson on board - Times Online
Sir Richard Branson's Virgin Group is to invest in Formula One for the first time as a significant team sponsor. A deal has been reached with Brawn GP, whose driver, Jenson Button, is favourite to win the Australian Grand Prix on Sunday.
The multimillion-pound deal, which was revealed exclusively by Times Online yesterday, is expected to be confirmed in Melbourne tomorrow by Branson, who has cut short a family skiing holiday to fly to Australia for the occasion. It represents Brawn's first big sponsor signing after a management buyout led by Ross Brawn, the team principal, saved the team from extinction when Honda decided to quit the sport in December.