Honda confirms Virgin's interest in Honda

The Honda Formula 1 team has admitted it is currently negotiating with Richard Branson's Virgin Group. The Virgin group have made a bid to purchase the Brackley based team.

"We are negotiating with several buyers and one of these parties is the Virgin Group," a Honda spokesperson said.

According to speculations Honda is talking to several companies who could be a possible buyer. The team is confident to be at the opening race at the end of March in Melbourne.

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Brembo - 2/18/2009 12:39:09 PM

0 Boost

LOL!

4Mula1fan - 2/18/2009 2:32:03 PM

+1 Boost

Ouch! Truth hurts though. I think Ross can turn it around with some new talent. They need to dump Button and Rubens.

tango - 2/18/2009 3:00:08 PM

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Actually Branson has done some things in the past that defy logic (like his many attempts to fly around the world in all sorts of contraptions), but what he does bring to the party is excitement. LOTS of it. And excitement means publicity, which means exposure for his other interests that do make him money. When Virgin Atlantic flew to Montego Bay for the first time, the man himself walked out onto the wing of the Boeing 747 and had a small party out there with some lovely young ladies. He seems to do that quite a bit. Attention, attention, attention.